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gptkbp:instance_of
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gptkb:Company
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|
gptkbp:bfsLayer
|
5
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gptkbp:bfsParent
|
gptkb:Ruth_Madoff
|
|
gptkbp:casualties
|
Thousands of investors
|
|
gptkbp:ceo
|
gptkb:Bernard_Madoff
|
|
gptkbp:closing_date
|
December 2008
December 11, 2008
|
|
gptkbp:closure_type
|
Global financial markets
Fraud investigation
Increased scrutiny of hedge funds
|
|
gptkbp:discontinued
|
gptkb:2008
|
|
gptkbp:economic_impact
|
Widespread financial losses
|
|
gptkbp:employees
|
approximately 200
|
|
gptkbp:famous_for
|
largest Ponzi scheme in history
|
|
gptkbp:financial_products
|
gptkb:2008
Hedge funds
|
|
gptkbp:founded
|
gptkb:1960
gptkb:Bernard_Madoff
|
|
gptkbp:headquarters
|
gptkb:Borough
|
|
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
Market making
Ongoing recovery efforts
Trustee recovery efforts
Retirement funds
Poor post-scandal
|
|
gptkbp:is_respected_by
|
Eroded trust in financial institutions
Lost trust
|
|
gptkbp:legacy
|
Cautionary tale
|
|
gptkbp:legal_issue
|
Fraud charges
|
|
gptkbp:location
|
gptkb:United_States
|
|
gptkbp:losses
|
approximately 18 billion USD
Estimated 65 billion USD
|
|
gptkbp:notable_for
|
gptkb:currency
|
|
gptkbp:notable_operations
|
gptkb:2008
|
|
gptkbp:outcome
|
gptkb:United_States_v._Bernard_Madoff
|
|
gptkbp:parent_company
|
gptkb:Madoff_Family
|
|
gptkbp:philanthropy
|
Major financial scandal
|
|
gptkbp:receives_funding_from
|
65 billion USD
approximately 65 billion USD
|
|
gptkbp:regulatory_body
|
gptkb:financial_services_company
|
|
gptkbp:regulatory_compliance
|
Stricter regulations implemented
|
|
gptkbp:related_to
|
gptkb:Bernard_Madoff
|
|
gptkbp:reputation
|
Severely damaged
|
|
gptkbp:revenue
|
1 billion USD annually
|
|
gptkbp:subsidiary
|
gptkb:Madoff_Securities_International_Limited
|
|
gptkbp:type
|
Securities brokerage
|
|
gptkbp:type_of
|
Investment fraud
|