Ponzi

Madoff Witness Feared for Life

How bad is Bernard Madoff? Harry Markopolos, a key witness against him, “will testify that Mr. Madoff ‘was one of the most powerful men on Wall Street and in a position to easily end our careers or worse,’ and that his fund ‘posed great danger’ to those who investigated it,” according to The New York Times. For this reason, Markopolos, who began calling “Ponzi” on Madoff years ago, originally withheld his identity from regulators.