low price jewelry wholesale india What happened to the largest Ponzi scam in global history?

bj wholesale club jewelry reviews One of the largest Ponzi schemes in history was poked, and Bernard Mconshop's hacks behind the scenes won the shame of the "crime of financial fraud". Mc Master was arrested in 2008, and his sentence was less than one -tenth of his sentence. People familiar with the matter revealed that McDonary died in prison at the age of 82. The cause of death at the federal medical center in North Carolina was considered a natural cause.
Madov was once a legend of Wall Street. It is known as the legend of Wall Street. It is the "investment master" with the chairman of the board of directors of Buffett and Nasdaq. But at the same time, he is also the largest planner of investment fraud in American history. Although Madorf himself emphasized that fraud began in the early 1990s, his cooperative trader Kurgel claimed that his activities could be traced back to the 1970s. By December 2008, when Madoff's two sons revealed this scam, 37,000 people in 136 countries were deceived, including Steven Spielberg, Kevin Becken and real estate developers. Celebrities such as Fred Will Peng. The amount of fraud exceeded $ 65 billion, making many investors exhaust their pensions and make their lives a mess.
Matov's greatness is that he successfully allowed his Ponzi scam for more than two or three years, and his skilled fraud lasted for more than 20 years. It wasn't until the outbreak of the global financial crisis in 2008, and more and more investors asked to get back their money, and McDonary began to panic. The last straw was in early December 2008, when his youngest son and general manager of the company reported to Magov that European customers demanded $ 7 billion in emergency assistance to deal with the financial crisis.
Is when he was forced to do this, McDonary admitted to his son that he "had no loss" and lost at least $ 50 billion. That day, the two sons reported their father and revealed the largest financial fraud case in history to the world! "Wall Street Legend" became a "Wall Street Liar". The account suffered losses, including Asia, Europe, America, and even some charity organizations and international institutions. A large number of wealthy people, banks and fund companies have been in trouble.

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