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shanshee_allures wrote: I can't help laughing in that gallows humour type way at the guy's name..
phonetically it's 'made off', or so the tv news has been reporting.
How much exactly did he or try to 'make off' with?
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Yeah! It's funny how that name thing works sometimes...
This thing went on for years and years. It wasn't just him that got rich. His initial investors probably made their money back. It was the latecomers to the game that got screwed the worst... basically, anyone with large sums still invested in this firm will probably have to fight to get some portion back.
We're talking about a 50 billion dollar house of cards falling down here.
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