Harry Markopolos, a former investment manager who warned U.S. regulators about Bernard Madoff, criticized the Securities and Exchange Commission and said on Wednesday that Madoff had help in running his alleged $50 billion fraud.
Markopolos told Congress that the SEC staff was neither willing nor able to uncover what Madoff, accused of having run the world's biggest Ponzi scheme, was really doing. He also said that he knows the names of a dozen other so-called feeder funds that helped Madoff raise money from pension funds and wealthy investors and that he would turn these over to regulators this week.
Whistleblower says Madoff had help, blasts SEC
On Friday a federal judge dropped two of the four charges against Luigi Mangione — the...
A private jet carrying eight people crashed during takeoff from the Bangor International Airport in Maine...
Nearly 70 years after a Texas Black man was executed in a case that prosecutors now...
