Bernie Madoff Scheme
Flashcard
•
Business
•
11th Grade
•
Hard
Wayground Content
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15 questions
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1.
FLASHCARD QUESTION
Front
What type of scheme did Bernie Madoff run?
Back
Ponzi Scheme
2.
FLASHCARD QUESTION
Front
What was Bernie Madoff promising investors?
Back
High returns
3.
FLASHCARD QUESTION
Front
When was Bernie Madoff arrested?
Back
2008
4.
FLASHCARD QUESTION
Front
Who turned Bernie Madoff in?
Back
His sons
5.
FLASHCARD QUESTION
Front
How long was Madoff's prison sentence?
Back
150 years
6.
FLASHCARD QUESTION
Front
What eventually exposed the scheme? Options: His death, A TV show, The 2008 financial crisis, A leaked email
Back
The 2008 financial crisis
7.
FLASHCARD QUESTION
Front
What happened to Madoff’s oldest son, Mark?
Back
He committed suicide
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