Ponzi schemer taped giving associates tips to dodge regulators
(NEWSER) - The most important thing to remember if you want to fool the SEC is to act casual, Bernie Madoff told executives at Fairfield Greenwich Group. “You don't want them to think you're concerned about anything,” the Ponzi scheme mastermind said in a phone call taped in 2005, CNN reports. Most regulators are just looking to get some experience in order to work on Wall Street themselves, Madoff said. “You don't have to be too brilliant with these guys," he summed up. More»