Madoff Fraud
In December 2008, Man Group revealed it had invested US$360 million in Bernard Madoff's ponzi schemes on behalf of their clients through Man Group's RMF fund of funds.
Read more about this topic: Man Group
Famous quotes containing the word fraud:
“The disfranchisement of a single legal elector by fraud or intimidation is a crime too grave to be regarded lightly.”
—Benjamin Harrison (1833–1901)