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5 questions to avoid the next Madoff

Three years have passed since Bernie Madoff’s arrest and the collapse of his Ponzi scheme. Yet it appears the public has learned little from the largest financial rip-off in history. Just look at some of the scams and schemes that have been uncovered recently…Sadly, there are far too many examples to list. The Diligentia Group identified more than 50 Ponzi schemes — with alleged damages of more than $835 million — foiled by regulators during the first half of 2011. Read more on MarketWatch here.

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