Harry Markopolis

E&Y sponsored the first in series on individuals who had to make tough ethical decisions in their careers. Today, they invited Madoff whistleblower Harry Markopolos to speak at Fordham. In the beautiful Keating 1st auditorium, Mr. Markopolos overviewed some key give-aways in the made-up statements Madoff used as he "made off" with investers' money. In fact, he said that identifying the ponzi scheme was a simple matter--getting the SEC to listen and take action was the hard part. He explained how many financial institutions turned a blind eye to these blatant misrepresentations because they were receiving such high returns.