Madoff victims lost far less as a % than Hyflux investors
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The lost around 20% of the money ..not all their money.
In Madoff scheme the money was not siphoned out by buses to repay investors most "reinvested" their "gains" so money remained in the scheme. Those who cash out on profits were asked to return the money into a common pool which was layer distributed.


I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Madoff victims lost far less as a % than Hyflux investors - by sgbuffett - 28-07-2021, 07:02 PM
RE: Madoff victims lost far less as a % than Hyflux investors - by starbugs - 28-07-2021, 08:06 PM

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