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View Full Version : Fund manager 'ignored concrete alerts' on Madoff fraud - Financial Times



FraudNews
12-09-2015, 01:20 AM
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Financial Times (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFGqgInBL2LSSwhnPbI9BSVI3SRcA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779005708949&ei=2Y9nVpD3HMeYhAH98oeQBQ&url=http://www.ft.com/cms/s/0/0bc41184-9dc5-11e5-8ce1-f6219b685d74.html)


Fund manager 'ignored concrete alerts' on Madoff fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFGqgInBL2LSSwhnPbI9BSVI3SRcA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779005708949&ei=2Y9nVpD3HMeYhAH98oeQBQ&url=http://www.ft.com/cms/s/0/0bc41184-9dc5-11e5-8ce1-f6219b685d74.html)
Financial Times
“If the controls promised had been executed, the fraud would have been spotted. It was entirely detectable.” But Mr Echeverria testified that he was also “a victim of an extremely well-orchestrated fraud,” and insisted that “based on the knowledge we ...

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