Update on Ruth Madoff Probe

Madoff’s Wife Said to Be Probed Over Helping Keep Ponzi Records. [Bloomberg.com]

The Securities and Exchange Commission, combing through files at her husband’s New York firm, found evidence she may have helped track payments, the person said, declining to be identified because the inquiry isn’t public. The agency is also examining why her name appears on related transactions, two people with knowledge of the probe said on Dec. 14.  [Read more]  [Photo]

And the tale rolls along.  What’s next?  I bet there are more  Ponzi schemes out there.  The question is: How bad will it be?

“Aim for Answers” 


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