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2. List of investors in Bernard L. Madoff Investment Securities

   en.wikipedia.org/wiki/List_of_investors_in...

   Investors in Bernard L. Madoff Investment Securities LLC lost billions of dollars in the Madoff investment scandal, a Ponzi scheme fraud conducted by Bernard Madoff.The amount missing from client accounts, over two thirds of which were fabricated gains, was almost $65 billion. [1]

3. Fraud and scams cost consumers a record $10 billion in 2023 ...

   www.aol.com/fraud-scams-cost-consumers-record...

   People lose big money when someone offers to "help" them invest: The median reported loss for investment scams was $7,700 in 2023, up from $5,000 in 2022. Investment-related scams ranked No. 4 ...

4. List of Ponzi schemes - Wikipedia

   en.wikipedia.org/wiki/List_of_Ponzi_schemes

   By different estimates from 5 to 40 million people lost up to $10 billion. The company started attracting money from private investors, promising annual returns of up to 1,000%. It is unclear whether a Ponzi scheme was the initial intention, as such extravagant returns might have been possible during the Russian hyperinflation in such commerce ...

5. Madoff investment scandal - Wikipedia

   en.wikipedia.org/wiki/Madoff_investment_scandal

   The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.

6. Most Common Ways People Are Being Scammed Out of Money ... - AOL

   www.aol.com/most-common-ways-people-being...

   More and more Americans are finding themselves victims of financial scams. According to data from the Federal Trade Commission (FTC), 2.4 million consumers filed fraud reports in 2022. Read: How...

7. Over 60% of People Have Never Been Scammed: 8 Things ... - AOL

   www.aol.com/over-60-people-never-scammed...

   The first known currency was the Mesopotamian shekel, which dates back nearly 5,000 years - and financial scams probably started just a short while later. Today, Americans lose billions of dollars ...

8. Participants in the Madoff investment scandal - Wikipedia

   en.wikipedia.org/wiki/Participants_in_the_Madoff...

   [98] [99] According to a June 28, 2009, MSNBC article, that would make Picower and his wife the biggest beneficiaries of Madoff's scam, exceeding even Madoff himself. [100] The Picowers' lawyer, William D. Zabel of Schulte Roth & Zabel, responded that, "They were totally shocked by his fraud and were in no way complicit in it." [99]

9. Even the Rich Get Scammed: Here’s Why and How You Can ... - AOL

   www.aol.com/even-rich-scammed-why-avoid...

   The weekly AARP podcast, ‘The Perfect Scam,’ tells the stories of people who find themselves the target of a scam. Listening to their stories can help you understand how scammers operate and ...