SEC Inspector: Madoff Scam Easily Uncovered

A lifetime of lies by a confidence-man unravels in hours. Toothless oversight cost people their lives and dreams.

"...it took only 'a few days' and 'a phone call...' to confirm that Madoff had not placed any trades with his investors' funds." -- SEC Inspector General's Report

Source: http://www.realitychex.com/