In another good article by Bloomberg it emerges that Optimal had the Riskdata software that highlighted Madoff (and other frauds that emerged over the last few years). Riskdata have published a note pointing out their system would have been waving huge red flags in Optimal’s face. These would have been further passed on to senior [...]
Filed under: Uncategorized | Tagged: bayou, beacon hill, bias ratio, due diligence, echeverria, feeder fund, fondos santander, fraud, madoff, madoff santander, manuel echeverria, optimal, optimal investment services, optimal strategic, ponzi scheme, riskdata, riskdata study, santander, santander madoff | Leave a Comment »
