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Listen "Bernie Madoff's big fat Ponzi scheme - How was it discovered?"
Episode Synopsis
Bernie Madoff ran an investment management firm that was not open to all - it was an invite-only club. That is what made it aspirational. Many investors saw it as a sign of status if they got to invest with Madoff. But no one knew that Madoff was not investing their money; he was just running a Ponzi scheme that lost investors a massive $65 billion.How did he pull it off?
Zerodha Varsity on Social Media:Instagram: https://www.instagram.com/zerodhavarsity/X: https://x.com/ZerodhaVarsityYouTube: https://www.youtube.com/@varsitybyzerodhaDisclaimer: The stocks or financial instruments discussed in this podcast are meant for educational purposes only. Please do not consider them recommendations or financial advice of any form.
Zerodha Varsity on Social Media:Instagram: https://www.instagram.com/zerodhavarsity/X: https://x.com/ZerodhaVarsityYouTube: https://www.youtube.com/@varsitybyzerodhaDisclaimer: The stocks or financial instruments discussed in this podcast are meant for educational purposes only. Please do not consider them recommendations or financial advice of any form.
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