Bernard Madoff and His Accomplices: Anatomy of a Con

Name: Bernard Madoff and His Accomplices: Anatomy of a Con
Brand: Praeger
SKU: 9781440841934
Price: 7693.0 INR
Availability: InStock

by Lionel Lewis

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ISBN13: 9781440841934
Binding: Hardcover
Subject: N/A
Publisher: Praeger
Publisher Imprint: Praeger
Publication Date: March 21, 2016
Pages: 397
Original Price: GBP 60.0
Language: English
Edition: N/A
Item Weight: 907 grams
BISAC Subject(s): General, Finance / General, and Personal Finance / Money Management

About The Book

This is the first detailed study of how Bernard L. Madoff and his accomplices perpetrated a Ponzi scheme of epic proportions--what has been referred to as the "con of the century."

In December 2008, Bernard L. Madoff was arrested for perpetrating a protracted Ponzi scheme of inconceivably huge proportions that defrauded clients of his securities company of nearly $20 billion--and was consequently sentenced to 150 years in jail. How did Madoff pull this off for years, even returning some or all of clients' money when they asked, while in actuality was financing the lavish lifestyles of himself, his family, and his accomplices with the stolen funds? And why didn't anyone in the highly regulated investment industry catch on sooner?

Bernard Madoff and His Accomplices: Anatomy of a Con examines Bernard L. Madoff's unprecedented confidence game (con game), drawing back the curtain on what actually went on at his investment firm, Bernard L. Madoff Investment Securities, and exposing the day-to-day activities of his accomplices that enabled the elaborate con to succeed for as long as it did. Through the examination of court testimony and other court documents, the mechanics of the con game become clear, elucidating how Madoff's friends and employees hustled money from investors; the methods by which false records, monthly statements to investors, and other documents were manufactured and mass-produced; and how a multitude of felonies and the highest levels of fraud became everyday practices.

About The Author

Lionel S. Lewis, MA, PhD, is professor emeritus and former chair of sociology at State University of New York (SUNY) at Buffalo.

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