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Summary Of The Bernie Madoff Case

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MEMORANDUM
Bernie Madoff has been accused of a violation of title 17 code of federal regulations Section 240. 10B - 5. Madoff was accused of defending it, unwillfully, willfully and knowingly, by the use of mean and instrumentalities, in connection an entry interstate commerce with the purchase and selling of securities, would and could use and employ manipulative and deceptive devices. Bernie Madoff mislead misrepresented himself to invest in businesses to take part of his and engaged and his illegal Enterprise for profit no true return on investment.

Summary of Facts
Does Bernie Madoff 52 counts offenses …show more content…

Mr. Bernie Madoff decided to take a hundred and fifty years in a federal correctional facility , then to be tried for his 52 counts of white collar crimes and possibly suffer more time with the Federal Correctional Facility. Therefore, Madoff never, Appeal to sentence went forth in the court Affirmed This is a guilty Plea of 52 counts SEC violation. Bernie Madoff Also charged under title 15 United States code section 78 j(b) & 78ff, Channel 17, code of the federal regulations Comma Selection 240. 10 b- 5; And Title 18, United States code section 2. The best of my knowledge and the regarding these charges are as part of following A special investigator from the Federal Bureau of Investigation, took approximately six and a half years and have been Personally involved in the investigation of these matters. Defamation contesting complete implicit knowledge, of the above information about Bernie L Madoff for defended. It was reported to the FBI by a senior officer who worked for Mr. Bernie L Madoff on the illegal operations that were going on within the firm. Senior broker Explain to the officer or agent , then …show more content…

Madoff had Complicit knowledge of the fraud that he was obtaining on doing on his client base that they were oblivious to his actual fraudulent Securities, that there actually was no project nor any Securities that they were trading on the behalf of these clients that in an sense it was almost like a pyramid scheme that he would obtain funds from the individual to pay off those investors with the 20% that he guaranteed to give them and then obtained the other 20% from new clients. Explain to them the operation and from the market of how mr. Madoff had actually set out to defraud the clients as well as the Trade Commission U.S. Securities from Bernie L Madoff in the defendants forward from the chairman and head Of the board directors for the NASDAQ stock market interest in in the marketing and maintaining it on Operating the records of fair deals and higher ethics standards that he had been tricking them with Giving them fraudulent information on the firm's activities. The supervisor also advised FBI that on January 7th, 2008 That Mr. Madoff Misrepresented His Holdings and its client base to the SEC Stating that he had between 11 and 25 clients and total approximately 17.1 billion dollars and assets under his management However, he had less clients and he only had approximately 7

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