Bernie Madoff Case Summary

Bernie Madoff Case Summary. He received his Bachelors degree in Political Science from Hofstra University in 1960 and shortly thereafter started his own firm known as Bernard L. In summary the scheme occurred for many reasons that I will some up into 3 points.

As the firm expanded Madoff became known as a financial titan. 10 Years Later. Bernard Madoff broke into the financial world in 1960 when he invested his 5000 savings into starting his own firm Bernard L.

Madoff Investment Securities in 1960 from 5000 that he had earned while working as a lifeguard.

Introduction The Bernie Madoff Ponzi Scheme is a well-known case and is known as one of the biggest Ponzi schemes. Madoff Investment Securities LLC a highly successful investment firm. Essay Sample Check Writing Quality. Madoff was arrested in 2008 and eventually sentenced to 150 years in prison.