Post-Madoff, a Greater Awareness of Ponzi Schemes – NYTimes.com

Nearly three years after Bernard L. Madoff’s gigantic fraud imploded, federal authorities say they are cracking down on Ponzi schemes in greater numbers.

The Commodity Futures Trading Commission brought 32 enforcement cases against suspected Ponzi schemes in its 2011 fiscal year that ended Sept. 30, a 45 percent increase from 2010 and a record high for the agency, according to data that will be released on Tuesday. In the same period, the Federal Bureau of Investigation opened more than 1,000 inquiries into possible Ponzi schemes, a roughly 150 percent increase from 2008, new figures show.

via Post-Madoff, a Greater Awareness of Ponzi Schemes – NYTimes.com.

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