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Could “crowd-sourcing” help resource-starved SEC detect fraud?

April 26, 2017detect fraud help resource-starved sec

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Could “crowd-sourcing” help resource-starved SEC detect fraud?

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Perhaps the most brazen financial fraud in recent U.S. history was Bernie Madoff’s massive $65-billion Ponzi scheme that spanned nearly three decades. A scheme of this magnitude and longevity is, of course, hard to hide and many saw blatant red flags.