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
Ric Grenell is leaving his role as head of the Kennedy Center, a source close to...
A device thrown outside the official residence of New York City Mayor Zohran Mamdani during dueling...
The suspect who killed one person and injured two others at Old Dominion University on Thursday...
