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Bernie Madoff: ‘The Banks Had To Know What I Was Doing’

Big banks had to know Bernie Madoff was running a Ponzi scheme, according to Bernie Madoff. In an email penned from jail, one of the biggest Ponzi schemers in history told Fox Business Network that those responsible for recouping his victims’ money should keep going after the banks where he had accounts. “The Banks had to know what I was doing regarding the fraud,” Madoff wrote in the email. More in the Huffington Post here.

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