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What else can I help you with?
Which investors lost money in Madoff ponzi scheme?
If you were an investor in Madoff's ponzi scheme, you lost money.
Which Bernie Madoff client lost the most money?
Hard to say. Some, like the Elie Wiesel Foundation, were wiped out completely. Others lost more money, but had more to start with so are still solvent.
Do the tax payers owe the people who lost money from bernie madoff scheme?
Not yet. But Obama the socialist might find a way to make it happen.
Having madoff 'madoff' is there still a lot of money in the world and are they still investing?
The question is not clear, please rephrase.
Was madoff unethical?
Madoff was beyond unethical. He was simply a thief. He willingly took investors' money with no intention of ever returning it.
How much money did madoff steal?
65 billion
How much money did bernie madoff profit from the ponzi scheme?
$65-billion
What was Bernard Madoff's money-making scheme?
Bernie Madoff is responsible for creating and running a large Ponzi investment scheme. In simple terms, a Ponzi scheme (named after a man of the name of Ponzi who was first credited with using this type of get-rich-quick methos of money) is where initially investors put in large sums of money. Madoff then gave large percents of that back, calling it the intrest made from the investment. The investors, believing that Madoff was investing their money wisely, invested more money. As new investors came in, their money went towards the fake-intrest-earnings for earlier investors, as so on. A majority of the money was taken (illegally) by Madoff and spent. It is suspected that millions and millions of dollars exist in private off-shore accounts and, due to their privacy, will never be known or recoverred.
Where does Madoff live?
Madoff Lives in Manhattan.
What is the birth name of Bernard Madoff?
Bernard Madoff's birth name is Bernard Lawrence Madoff.
Who were bernard madoff's parents?
Mr. and Mrs. Madoff
What is Bernard Madoff's religion?
Bernard Madoff is Jewish.
