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Case study of Bernard Madoff

In a narrative format, discuss the key facts and critical issues presented in the case.

1. Do you think Bernard Madoff engaged in creating a Ponzi scheme because of greed or did he employ it as a short term strategy and just caught up in a process that he could not reverse?

2. What were the elements that led to him so successfully wooing some of the wealthiest and most intelligent clients? Why do you think the SEC was unable to uncover his fraud?

If you were in the position to recommend an investment advisor, how would you make sure that you did not become the victim of a Ponzi scheme or other financial fraud?

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In a narrative format, discuss the key facts and critical issues presented in the case.

1. Do you think Bernard Madoff engaged in creating a Ponzi scheme because of greed or did he employ it as a short term strategy and just caught up in a process that he could not reverse?

2. What were the elements that led to him so successfully wooing some of the wealthiest and most intelligent clients? Why do you think the SEC was unable to uncover his fraud?

If you were in the position to recommend an investment advisor, how would you make sure that you did not become the victim of a Ponzi scheme or other financial fraud?
It hard to read Madoff's mind and see if he started the fraud for a short term need and then never could quite reverse it. He did have a lavish lifestyle. We probably will never know, even ...

Solution Summary

Your tutorial is 435 words and claims that Madoff's intent is difficult to discern, that exclusivity was the lure to high net worth individuals and gives four ideas for selecting an advisor to avoid such schemes.

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