What was the maximum capitalization of the madoff scheme ?

[CosmicVibe]

I wish to know the scale of the funds invested in the pyramid, was it big or BIG ?    And how long did it took before the big crash ?

I never heard much in the news where I live , so I'm just asking here.

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[1714123945]

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[darkangel11]

It's not that hard to find some information in the web

According to The Wall Street Journal the investors with the largest potential losses, including feeder funds, are:

Fairfield Greenwich Group, $7.50 billion
Tremont Capital Management, which is owned by MassMutual,[225] $3.30 billion
Banco Santander, $2.87 billion
Bank Medici, $2.10 billion
Ascot Partners, $1.80 billion
Access International Advisors, $1.40 billion
Fortis, $1.35 billion
HSBC, $1 billion
The potential losses of these eight investors total $21.32 billion.

The feeder fund Thema International Fund as of November 30, 2008 had a then-purported net asset value invested in the fund of $1.1 billion.

Twenty-three investors with potential losses of $500,000 to $100 million were also listed, with a total potential loss of $540 million. The grand total potential loss in The Wall Street Journal table is $26.9 billion.

He started his company in 1960 and we can expect the scheme had its roots somewhere at that time and was running until his arrest in 2009.

[Ethereum Token]

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