The Number 29

In 2005, Harry Markopolos detailed why Madoff was a fraud.

A prophet without honor in his own industry, Harry Markopolos was a guy nobody wanted to listen to in 2005, when he offered in painstaking detail why he thought Bernard Madoff was a fraud. Markopolos’s 19-page, single-spaced letter to the Securities and Exchange Commission listed 29 reasons to doubt the purported profits at Bernard L.

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