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Bernard Madoff, Former NASDAQ Chairman, Was Sentenced in June 2009

Question 1

Multiple Choice

Bernard Madoff, former NASDAQ chairman, was sentenced in June 2009 to 150 years in prison after pleading guilty to charges that he conducted purportedly the largest _____ swindle in the country's history and lost a reported $51 billion of his clients' assets.


A) forex
B) Ponzi scheme
C) insider trading
D) pyramid scheme

Correct Answer:

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