Madoff Red Flags

Oh, my God. This is supposedly a November 2005 memo listing 29 red flags indicating Madoff is probably running a Ponzi scheme. It was sent to the SEC. Author unknown, since he or she withheld his or her name fearing retribution because he or she was a whistleblower.

HFoFs who promised due diligence are now denying it, checking with lawyers, etc.

Disgusting.

Brad Evans