Executive Summary of SEC Madoff Report

Embed Size (px)

Citation preview

  • 8/3/2019 Executive Summary of SEC Madoff Report

    1/22

    UJ\DUW DH FOXJPWFMNWFDO

    ZOFWJG PWNWJP PJ@ZUFWFJP NOG JQ@ANOMJ @DCCFPPFDO

    DHHF@J DH FOP\J@WDU MJOJUNI

    @npj Od/ DFM#:665 nog Gj jceju 5

  • 8/3/2019 Executive Summary of SEC Madoff Report

    2/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    3/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnw fdo @npj Od) DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    4/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnw fdo @npj Od/ DFM#:665/

    Fo 5

  • 8/3/2019 Executive Summary of SEC Madoff Report

    5/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    6/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:665) pjxjuni zpwdcjup dh no foxjpwcjow hfuc kod}o npNxjii fod ( Efjojp n||udn`ajg waj PJ@ doxjvfom do`juop nedzw foxjpwcjowp wajv ang

    fongj/ Waj PJ@ }np |udxfgjg }fwa pjxjuni gd`zcjowp wanw Nxjiifod ( Efjojp `ujnwjg

    wanw fogf`nwjg wanw wajv }juj dhhjufom %>

  • 8/3/2019 Executive Summary of SEC Madoff Report

    7/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:8 vjnup

    ejhduj Cngdhh `dohjppjg/ Waj PJ@ ang pzhhf`fjow fohducnwfdo wd fo~zfuj hzuwaju nogfoxjpwfmnwj Cngdhh hdu n \dorf p`ajcj en`k fo >665/ Wajuj }np jxfgjo`j dh fo`ujgfeiv

    `dopfpwjow ujwzuop dxju n pfmofhf`now |jufdg dh w fcj }fwadzw nov idppjp) |zu|duwjgiv

    n`afjxjg ev Cngdhh zpfom n enpf` wungfom pwunwjmv dh ezvfom Hduwzoj :

  • 8/3/2019 Executive Summary of SEC Madoff Report

    8/22

    PJ@ Dhh f`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    9/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    10/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    11/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    12/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    13/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:666 nog bdfojg waj PJ@ np afp hfupw bde dzw dh p`addi/ Wajdwaju jqncfoju ang }dukjg np no j~zfwv wungju hdu n hj} vjnup ejhduj `dcfom wd w- aj PJ@/

    Aj ang }dukjg don||udqfcnwjiv hdzu jqncfonwfdop ejhduj ejfom nppfmojg wd waj Cngdhh

    jqncfonwfdo/

    Do`j nmnfo) od `dopfgjunwfdo }np mfxjo wd |juhducfom n bdfow jqncfonwfdo }fwa

    foxjpwcjow cnonmjcjow jqncfojup) gjp|fwj waj hn`w wanw waj fowjuoni j#cnfip unfpjgpzp|f`fdop nedzw Cngdhh-p |juhducno`j nog ujwzuop/ No jqncfoju pwnwjg wanw jn`a dh waj

    jqncfonwfdo |udmuncp fo OJUD }np n %pfid% nog wajv nicdpw ojxju }dukjg wdmjwaju/

    Fo inwj Cnu`a 5

  • 8/3/2019 Executive Summary of SEC Madoff Report

    14/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    15/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#::

  • 8/3/2019 Executive Summary of SEC Madoff Report

    16/22

    PJ@ DNf`j dh fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od) DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    17/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    18/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpw fmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    19/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:=) 5

  • 8/3/2019 Executive Summary of SEC Madoff Report

    20/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:1 cfiifdo }duwa dh PN\ >6) 5

  • 8/3/2019 Executive Summary of SEC Madoff Report

    21/22

    PJ@ Dhhf`j dh Fop|j`wdu Mjojuni Uj|duw dh Foxjpwfmnwfdo @npj Od/ DFM#:

  • 8/3/2019 Executive Summary of SEC Madoff Report

    22/22

    PJ@