The holy year of financial frauds!

[Untouchable]

I have spent several months to follow and gather the financial scandals that hit the market last time.
I think it's important to expose some of them, in order that more citizens and investors who are touched by crisis would be aware.

B. Madof is just the godfather of fraud, but there are many mini-madoffs:

-Bruce F. Friedman and his son-$216 million

http://www.latimes.com/business/la-fi-friedman7-2009mar07,0,1199157.st ory

-hedge fund manager Arthur Nadel, 350 millions dollars
http://www.huffingtonpost.com/2009/01/17/arthur-nadel-money-manage_n_1 58723.html

-Bruce Abraham Karatz, $232 million
the stock have lost lost over $6 billion in value
http://www.latimes.com/business/la-fi-karatz6-2009mar06,0,6937523.stor y

-Marc Dreier, 400 million
http://online.wsj.com/article/SB123327272583330995.html

-rabbi Sholom Rubashkin
http://crownheights.ch/blog/images/smr-bail.jpg
http://www.twincities.com/ci_11772875?source=most_emailed

-Samuel Israel III, hedge fund fraud
http://edition.cnn.com/2008/CRIME/06/19/hedge.fund.arrest/index.html

-advisors Wolf Haldenstein Adler Freeman
http://www.euroinvestor.fr/news/story.aspx?id=10088310

-Ian Freeman, Fraud, Tax Evasion
http://www.sherdog.com/news/news/freeman-admits-to-fraud-tax-evasion-f aces-jail-time-16159

-London SE, massive fraud $600 million
http://www.globes.co.il/serveen/globes/docview.asp?did=1000420891&fid= 942

-Linda and Abe Gosman, of Florida
http://www.palmbeachpost.com/business/content/business/epaper/2008/11/ 07/1107gosman.html

-Fugitive rabbi Avrum David Friesel,
http://www.hackneygazette.co.uk/content/hackney/gazette/news/story.asp x?brand=HKYGOnline&category=news&tBrand=northlondon24&tCategory=newshk yg&itemid=WeED06%20Jan%202009%2015:45:27:667

-ezra Merkin!
http://online.wsj.com/article/SB123903070566093099.html

by chance all from the same tribe Exclamation
ponzi games still the most a la mod
I really wonder if the Criminal Investigation’s Bankruptcy Fraud program would be efficacious to unmask all the frauds!

laws should be more severe.