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  • Essay / Bernie Madoff Case Study - 1574

    And of that $10 billion, only $4.9 billion has been returned to Mad off victims so far. (Five Things) So far, 16,519 complaints have been filed with Picard, of which 1,107 have been fully refunded and 1,410 have been partially refunded and are eligible for compensation. (Five Things) This case was very interesting and I'm really glad I chose it for my article. It's amazing how a man with the right connections and social status can get away with so much for so long. No one ever suspected him because he was the father of NASDAQ, he couldn't scam people out of billions of dollars. And not just any random person, Mad off targeted its own people, Jews and groups affiliated with them. He was very picky and claimed he didn't want to let anyone know what he was doing, which made more people want to get involved and give him even more money, it's just human.