Who was trying to have an investigation into Madoff's operation launched as of 2005?
A) The SEC
B) Harry Markopolos
C) Congress
D) NASD

Question

Quizplus · Accepted Answer

Harry Markopolos, a financial analyst and fraud investigator, had been trying to alert the SEC and other authorities about Madoff's Ponzi scheme since 2000. In 2005, he submitted a detailed 21-page report to the SEC outlining his suspicions and providing evidence of fraud, but the SEC failed to take action at that time.

Who Was Trying to Have an Investigation into Madoff's Operation