The Scope Of Post-Ponzi Fallout

Law360, New York (August 26, 2009, 12:58 PM EDT) -- Bernard Madoff may be stealing headlines, but he was not the first, nor the last person to be accused of orchestrating a massive Ponzi scheme.

Madoff’s $60 billion Ponzi scheme was certainly well-deserving of the headlines, articles and webinars that have been devoted to analyzing its ripple-effect.

It is important, however, to consider that even in the last two years, there have been over a dozen Ponzi schemes that have revealed themselves only after tens of millions to over a billion dollars had been stolen from...
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