Investigations unwinding Bernie Madoff's Ponzi scheme were surprised to find what appeared to be another Ponzi scheme inside it, and the father-and-son team that were running that scam this week pleaded guilty. MarketWatch's Sitel Patel explained on the MoneyBeat show.
Source: http://blogs.wsj.com/law/2014/08/14/the-ponzi-scheme-within-bernie-madoffs-ponzi-scheme/?mod=WSJBlog
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