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-   -   $50 billion fraud (https://gfy.com/showthread.php?t=875287)

LoveSandra 12-13-2008 10:46 AM

$50 billion fraud
 
NEW YORK ? A former Nasdaq stock market chairman was arrested on a securities fraud charge Thursday, accused of running a fraudulent investment business that lost at least $50 billion before he confessed to senior employees it was a "giant Ponzi scheme," authorities said.

Bernard L. Madoff, his silver hair reflecting the lights of a federal courtroom, was released on $10 million bail secured by his signature and that of his wife. He declined to comment as he walked out of U.S. District Court in Manhattan.

...
http://www.foxnews.com/story/0,2933,465848,00.html

:laughing-

EscortBiz 12-13-2008 10:52 AM

50 billion threads about the 50 billion fraud

change your avatar its gross

Phoenix 12-13-2008 10:58 AM

the sec is filled with friendly faces...every now and then they have to throw one of their own in the fire....sec was under investigation just before 9/11 btw

offices investigating them were in wtc 7


im sure it is all just a big coincidence though

baddog 12-13-2008 11:00 AM

If you are going to be a scammer, make sure it is at least $50 billion.

alias 12-13-2008 11:14 AM

Quote:

Originally Posted by EscortBiz (Post 15190679)

change your avatar its gross

seriously

Kudles 12-13-2008 11:53 AM

Your avatar freaks me out everytime

LoveSandra 12-13-2008 11:55 AM

Quote:

Originally Posted by Biddy (Post 15190819)
Your avatar freaks me out everytime

yummmy












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