How do you value fraud? When the Madoff ponzi scheme collapsed the claim was that there was $65 billion in losses. That was the total dollar value on the account statements given to investors. Of course, that number was fictional because there were not real assets behind those numbers. The trustee overseeing the liquidation of [...]
Tag Archives: Irving H. Picard
Recent Stories
- Blogoversary
- Compliance Bits and Pieces for February 10
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- New Anti-Money Laundering Requirements for Non-Bank Mortgage Lenders and Originators
- Crowdsourcing the Crowdfunding Exemption
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- Compliance Bits and Pieces for February 3
- Margin Call
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Compliance Building is published by Doug Cornelius, focusing on compliance and ethical issues for private equity real estate companies. Read more in About.
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