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Renaissance to SEC: Seeing Madoff's Fraud Wasn't Rocket Science
businessinsider.com · 10 words · saved by 1 readers
In another mind boggling finding from the SEC’s 477-page Madoff report, it is revealed that the agency’s examiners, while conducting a routine examination of hedge fund Renaissance, reviewed internal emails that were questioning Madoff’s legitimacy and whether he was involved in illegal activity, but failed to act on it.
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