Law360 (November 19, 2018, 1:26 PM EST) -- Dec. 11, 2018, shall mark the 10th anniversary of the Madoff Ponzi scheme being revealed to the world via the arrest of the since disgraced financier, Bernie Madoff. The trustee appointed to oversee the liquidation of Bernard L. Madoff Investment Securities continues to pursue, on behalf of customers around the globe, the most far-reaching, historic and successful recovery initiative in American history.
The Madoff scandal has secured its infamous place upon the Mount Rushmore of economic fraud. The collapse of the scheme, in tandem with the subprime housing market debacle and the destruction of Lehman Brothers, spawned a recession unlike anything...
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