Wednesday, July 29, 2009

Madoff Says He Pulled Off Fraud Scheme Because Feds Weren't Watching

Fox News and the NYPost report that imprisioned fraudster Bernie Madoff said during a 4½-hour interview from behind bars, to San Francisco trial lawyer, Joseph Cotchett yesterday that he got away with his $65 billion scam because regulators weren't paying attention that the feds weren't watching so he was able to pull of his infamous ponzi scheme.

As we continue to see more and more mini-ponzi schemers coming to light; how many others have the feds overlooked?

Madoff Says He Pulled Off Fraud Scheme Because Feds Weren't Watching



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