Report: SEC Probing Other Madoff-Style Ponzi Schemes | Talking Points Memo

Was Madoff just the tip of the iceberg?

The SEC is investigating at least one case in which investors may have been cheated out of as much as $1 billion, by money managers using tactics similar to those alleged to have been employed by Madoff, Bloomberg reports, based on anonymous sources “with knowledge of the inquiries.”


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=147300