Overview

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. This book contains a comprehensive account of the Madoff investment scandal, which is the Ponzi scheme that former NASDAQ chairman Bernard Madoff confessed to in 2008. Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest. On March 12, 2009, Madoff pled guilty to 11 federal crimes and admitted to operating what has been called the largest investor fraud ever committed by an individual. On June 29, 2009, he was sentenced to 150 years in prison with restitution of $170 billion. Read about the background of the scandal and its participants including Paul Konigsberg, Norman F. Levy, David Friehling, and much more. Project Webster represents a new publishing paradigm, allowing disparate content sources to be curated into cohesive, relevant, and informative books. To date, this content has been curated from Wikipedia articles and images under Creative Commons licensing, although as Project Webster continues to increase in scope and dimension, more licensed and public domain content is being added. We believe books such as this represent a new and exciting lexicon in the sharing of human knowledge.

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