Most Ponzi Schemes return around 20% or more to their investors. For that reason being, they tend to collapse very quickly because that number is just too good to be true. Madoff understood that he needed to return just above the norm, while never exceeding to a point of raising concern. Madoff was making everybody money. Who is going to sound the alarm when he is putting money in every single one of his client’s pockets, consistently, year after year after year? With no unhappy customers, and every other portfolio management firm being too distracted by curiosity and envy he was doing just
Most Ponzi Schemes return around 20% or more to their investors. For that reason being, they tend to collapse very quickly because that number is just too good to be true. Madoff understood that he needed to return just above the norm, while never exceeding to a point of raising concern. Madoff was making everybody money. Who is going to sound the alarm when he is putting money in every single one of his client’s pockets, consistently, year after year after year? With no unhappy customers, and every other portfolio management firm being too distracted by curiosity and envy he was doing just