Bernie Madoff

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Bernie Madoff Research Project Abronia S. Young D03202587 On March 12, 2009, Madoff pleaded guilty to 11 federal offenses, including securities fraud, wire fraud , mail fraud , money laundering, making false statements, perjury, theft from an employee benefit plan, and making false filings with the SEC. The Fraud In March 2009, Madoff admitted that since the mid-1990s he stopped trading and his returns had been fabricated. Madoff's sales pitch, an investment strategy consisted of purchasing blue chip stocks and taking options contracts on them, sometimes called a split-strike conversion or a collar. Typically, a position will consist of the ownership of 30–35 S&P 100 stocks, most correlated to that index, the sale of…show more content…
Frank Lautenberg | | Robert Lap pin Foundation | | Wunderkinder Foundation | | BNP Paribas | | Ira Rennert | | Englebardt Family | | Swiss Private Bank of Reichmuth & Co | | Union Bancaire Privee | | EIM Group | | UBS | | Stephen A Fine | | Avram and Carol Goldberg | | Helfman | | Saul Katz | | Irwin Kellner | | Carol and Ruth Shapiro | | Fairfield County, Connecticut | | Royal Bank of Scotland | 330,000,000 | Nomura | 302,000,000 | Aozora | 137,000,000 | Various Boston Families | | Jeff Katzenberg | | Gerald Breslauer | | Yeshiva University | | Jewish Federation of Greater Washington | 10,000,000 | Noethshore - Long Island Jewish Health systems | 5,700,000 | Razmaz School | | Chais Family Foundation | | SAR Academy | | JEHT Foundation | | Arpad Busson | | Accts Scott Sosnik & Larry Bell | | Swiss Insurer Baloise | 13,000,000 | Swiss Re | | Burt Ross | 5,000,000 | Maimonides School | 3,000,000 | Charles and Cindi Nadler | 10,000,000 | Tufts University | 20,000,000 | Alexandra Penney | | Robert Chew | | Fair Food Foundation | | Pasha and Julie Anwar | | Pedro Almodovar | |

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