Madoff RipOff

Unless you just never watch the news or read the paper, then you most likely know about Bernie Madoff. A master of deception that will now live out his life in a Federal Prison. Yes, he hurt a lot of people...the rich, the elderly, retirees, and alot of very intelligent people. They all trusted him and the people who worked for him probably did as well. There was alot of discussion on how he could have operated a scam so elaborate for such a long time by himself. I know my husband even though he would never speak poorly of anyone wishes the guy he went to work for had been by himself. He did not get involved to bring harm to anyone. The Security and Exchange Commission held the position was that there is no way anyone would have believed it was a legitimate business. Well obviously people did because they became involved. My husband did and so did his other friend who was convicted. Investments are done everyday and with the proper backing, one may have any knowledge of the in's and out's of a program or that it could not legally give returns at the rates he was told. He just acted as a sales representative because sales has been his life's career. He is a person of integrity and those that he talked to knew of his reputation. The man he went to work for and head of the company knew of his reputation also. My husband states even now that he does not believe his friend nor the owner of the company intended anyone any harm. In fact, the owner relied on a corporate attorney to guide him in his decisions. Those who invested their money, including us, all had the same opportunity to ask more questions.