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in 1999, financial analyst Harry Markopolos had informed the SEC that he believed it was legally and mathematically impossible to achieve the gains Bernie Madoff claimed. It took four minutes to conclude that his numbers did not add up, and another minute to suspect they were fraudulent.

Feb 20, 2022•1 min read

Fun Fact: in 1999, financial analyst Harry Markopolos had informed the SEC that he believed it was legally and mathematically impossible to achieve the gains Bernie Madoff claimed. It took four minutes to conclude that his numbers did not add up, and another minute to suspect they were fraudulent.

Source

en.wikipedia.org

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