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(Image from article: "Madoff says banks had to know of Ponzi scheme: report")

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Banks
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Bernard Madoff
Ponzi Scheme

Madoff says banks had to know of Ponzi scheme: report

A frail Bernard Madoff, facing the rest of his life in prison, said a variety of banks and hedge funds were complicit in and "had to know" about his epic Ponzi scheme before it was uncovered, The New York Times reported.

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