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2023     1:02:52    1708 Views

See no evil

See no evil

The third episode emphasizes how Madoff's numbers were deemed unrealistic. Despite his competitors' investigations into these impossible figures and subsequent alerts to the U.S. Securities and Exchange Commission, the agency, swayed by Madoff's reputation, disregarded the numerous red flags. Choosing instead to look the other way, they allowed Madoff's operations to continue undeterred.