Madoff Questions Easton Roubinek

A Ponzi scheme is where a individual or organization pays returns to their investors from new capital paid to the operators by new investors, rather than from real profit earned.
Madoff told his investors that none of the accounts would never have a losing trade
Ponzi people are people who could care less about people's finance. They are just greedy people.
The people in the SEC were told to not pursue cases against Investment managers, which Madoff was.
Bernie Madoff did this because he didn't like defeat, so when he didn't make it big in the stock market and in turn lost money. He thought of the idea to scam people.

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