Bernie Madoff Scheme

Bernie Madoff Scheme

Assessment

Flashcard

Business

11th Grade

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

What type of scheme did Bernie Madoff run?

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Back

Ponzi Scheme

2.

FLASHCARD QUESTION

Front

What was Bernie Madoff promising investors?

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Back

High returns

3.

FLASHCARD QUESTION

Front

When was Bernie Madoff arrested?

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Back

2008

4.

FLASHCARD QUESTION

Front

Who turned Bernie Madoff in?

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Back

His sons

5.

FLASHCARD QUESTION

Front

How long was Madoff's prison sentence?

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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

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Back

The 2008 financial crisis

7.

FLASHCARD QUESTION

Front

What happened to Madoff’s oldest son, Mark?

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Back

He committed suicide

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