For those who are still waiting for their issue of Fraud Magazine in the mail, Bob Morris at Polizeros produces some rather shocking excerpts from their article about Harry Markopolous.
My favorite excerpt:
“Her supervisors told her to stop her Madoff inquiry and work on mutual fund investigations instead. Her supervisor was Branch Chief Mark Donohue, who answered to Eric Swanson, director of the department, according to Post reports. Eric Swanson is the one who later married Madoff’s niece.”
Alliances formed through marriage. How old-timey.
(Note to self: Father many attractive daughters and marry them to the dim-witted and morally-suspect guardians of the nation’s wealth)
At least that relationship hasn’t escaped the scrutiny of law enforcement, according to the Wall Street Journal Law Blog. No news yet on whether or not Eric Swanson managed to marry off a daughter to a higher-up at the SEC or the Justice Department in-time to save his skin.
Check out the article and Bob’s post if you find the whole “Bernie Madoff stealing tens of billions of dollars over decades with no real scrutiny by law enforcement” thing interesting. It’s nice to have a blogger whose partner is a Certified Fraud Examiner who reads something like Fraud Magazine.
Though I do wonder how Markopolous feels about posing for a magazine with a big “FRAUD” over his head. I guess it’s a good thing the magazine probably doesn’t have much newstand presence.
… and the cow goes moo
