SEC Ignored Detailed 2005 Complaint re: Madoff

What follows is the Harry Markopolos complaint to the SEC, circa November 2005, identifying 29 red flags that Madoff was a fraud. This highly detailed complaint was filed regarding the apparent Fraud at Madoff Securities.

It was ignored by the Christopher Cox SEC, which was too busy concocting schemes to dismantle the SEC rather than investigate complaints such as this.

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Madoff_SECdocs_20081217

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Sources:
Cox “Worked to Dismantle The SEC,” Says Commission Vet
Zachary Roth
TPM Muckraker, December 19, 2008, 1:32PM
http://tpmmuckraker.talkingpointsmemo.com/2008/12/cox_worked_to_dismantle_the_se.php

madoff_secdocs_20081217 (PDF)

Madoff Misled SEC in ’06, Got Off
GREGORY ZUCKERMAN and KARA SCANNELL
WSJ, DECEMBER 18, 2008
http://online.wsj.com/article/SB122956182184616625.html

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