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gptkbp:instance_of
|
gptkb:Investment_Management
|
|
gptkbp:assets
|
65 billion USD
approximately 65 billion USD
|
|
gptkbp:case_analysis
|
gptkb:United_States_v._Bernard_Madoff
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|
gptkbp:casualties
|
Thousands of investors
|
|
gptkbp:ceo
|
gptkb:Bernard_Madoff
|
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gptkbp:closing_date
|
December 2008
December 11, 2008
|
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gptkbp:closure_consequences
|
Increased scrutiny of hedge funds
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gptkbp:closure_type
|
Global financial markets
Fraud investigation
|
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gptkbp:defunct
|
gptkb:2008
|
|
gptkbp:economic_impact
|
Widespread financial losses
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|
gptkbp:employees
|
approximately 200
|
|
gptkbp:famous_for
|
largest Ponzi scheme in history
|
|
gptkbp:financial_products
|
Hedge funds
|
|
gptkbp:financial_scandal
|
Major financial scandal
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gptkbp:financials
|
gptkb:2008
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gptkbp:founded
|
gptkb:1960
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gptkbp:founded_by
|
gptkb:Bernard_Madoff
|
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gptkbp:headquarters
|
gptkb:New_York_City
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Madoff Investment Securities LLC
|
|
gptkbp:impact
|
Financial regulations changes
|
|
gptkbp:investment
|
Institutional investors
High net worth individuals
Wealthy individuals
over 4,800
Retirement funds
Poor post-scandal
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|
gptkbp:investment_strategy
|
Market making
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gptkbp:investor_compensation
|
Trustee recovery efforts
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|
gptkbp:investor_compensation_efforts
|
Ongoing recovery efforts
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|
gptkbp:is_respected_by
|
Eroded trust in financial institutions
Lost trust
|
|
gptkbp:legacy
|
Cautionary tale
|
|
gptkbp:legal_issue
|
Fraud charges
|
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gptkbp:location
|
gptkb:United_States
|
|
gptkbp:losses
|
approximately 18 billion USD
Estimated 65 billion USD
|
|
gptkbp:notable_for
|
gptkb:deception
|
|
gptkbp:operations
|
gptkb:2008
|
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gptkbp:parent_company
|
gptkb:Madoff_Family
|
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gptkbp:regulatory_body
|
gptkb:Securities_and_Exchange_Commission
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gptkbp:regulatory_compliance
|
Stricter regulations implemented
|
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gptkbp:related_to
|
gptkb:Bernard_Madoff
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gptkbp:reputation
|
Severely damaged
|
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gptkbp:revenue
|
1 billion USD annually
|
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gptkbp:subsidiary
|
gptkb:Madoff_Securities_International_Limited
|
|
gptkbp:type
|
Securities brokerage
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gptkbp:type_of_fraud
|
Investment fraud
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gptkbp:bfsParent
|
gptkb:Ruth_Madoff
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gptkbp:bfsLayer
|
5
|