Madoff Associate Says Fraud Went Back to 1970s - NYTimes.com

           Image via WikipediaMadoff Associate Says Fraud Went Back to 1970s - NYTimes.com:

Wow. Shocking how how long it has been going on.

"Madoff’s multibillion-dollar Ponzi scheme stretched back at least to the early 1970s, when his employees used historical information on stocks to create false trades that could be placed on customer statements, a former trader revealed as he pleaded guilty on Monday to criminal charges."

Related articles

• Ex-Madoff trader pleads guilty in plea deal in NYC (seattletimes.nwsource.com)
• Ex-Madoff trader admits to faking financial statements (usatoday.com)
• Madoff's financial fraud 'dates back to the 1970s' (independent.co.uk)
• S.E.C. Disciplines 8 Employees Over Madoff Failure - NYTimes.com (policyabcs.wordpress.com)