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Doug Cornelius on compliance for private equity real estate

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Tag: Mitchell Zuckoff

What Was It Called Before Mr. Ponzi Did It?

Doug Cornelius January 14, 2014January 13, 2014 Book reviews, Ponzi Schemes   [+]

When Bernie Madoff’s fraud was exposed it was labeled a Ponzi scheme. Madoff was not investing the money as promised. He was using new investment money to pay old promised returns. I thought it would useful to look back at the original Ponzi scheme to see if offered insight to today’s world of compliance. I … Read more »

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