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It has got an enormous 2,600mAH battery. The crime concerned billions of dollars and even value individuals their livelihoods and also their financial futures. The Bernie Madoff Ponzi Scheme is taken into account as one of the most notorious frauds in history, which affected thousands of investors, individual, banks, and businesses across the world and also generated billions in losses. After the loss of billions and the lives of 1000’s of traders ruined, Madoff is in prison and along with some of his co-conspirators. In this case, Madoff, a well-revered financier satisfied thousands of traders to provide their savings and falsely promised consistent income in return. Many individuals misplaced their financial savings from this Ponzi scheme. Madoff used Ponzi scheme the place he lured traders by way of guaranteeing excessive returns. 65 billion fraud that wrecked the lives of any buyers (Oppenheimer, 2009). He pleaded responsible to eleven counts of fraud, money laundering, and theft. Oppenheimer, J (2009). Madoff with the cash.
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