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Prosecutors: Madoff Fraud Started In 1970s

Tuesday, October 2, 2012 - 4:39 AM
From CNNMoney.com
Federal prosecutors filed additional charges Monday against five former employees of Bernie Madoff, saying that his massive scheme to defraud investors started in the 1970s, much earlier than previously alleged.

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This shows how long a ponzi scheme can last.
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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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