Harry Markopolos

Madoff Investors Sue SEC for Incompetence

A Boston-based law firm announced a lawsuit Friday against the Securities and Exchange Commission on behalf of investors conned by Bernie Madoff. The suit brought by Kacheroo Legal Services seeks class-action status, and if it goes forward, it will be the first such suit ever.

With Madoff, There Were Plenty of Red Flags

As Whistleblower Harry Markopolos's new book reveals, there were many red flags when it came to Bernie Madoff's investment firm. Among them were its unbelievably consistent and high returns and the fact that investors couldn't tell anybody about their investment. Why didn't anyone but Markopolos see them?