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.
Cox “Worked to Dismantle The SEC,” Says Commission Vet
TPM Muckraker, December 19, 2008, 1:32PM
Madoff Misled SEC in ’06, Got Off
GREGORY ZUCKERMAN and KARA SCANNELL
WSJ, DECEMBER 18, 2008