NZ Herald: Someone must have known Ross was a fraudster

It seems incredible that with nearly half a billion of non-existent funds under his control, no one suspected a thing.  Bernie Madoff ran history’s biggest Ponzi scheme outside state-run pensions, losing $17.5 billion, dwarfing the efforts of local hero David Ross.

Madoff’s victims will get back at least $9.5b. Those who lost money to David Ross will get nothing.  Why? Read More