Article [report]

HSBC Had ‘Madoff Warnings In 2001’

From (verified), December 6, 2010

Mission & Values, Resource Management

"HSBC continued to act for funds that fed money into Bernard Madoff’s Ponzi scheme in spite of repeated warning from the bank’s own executives and outside auditors about the “baffling” and potentially fraudulent structure of the fund, according to a US lawsuit launched against the global bank."

Submitted by clydedurden

Add your vote based on this article ?

This article has issues related to...

Before you vote, please read our Guide to Voting

(Check all that apply)

Discussion ?

Please sign in to post to this discussion

No comments yet.

How this article affects labels?
( based on 1 votes )

person people planet

Please log in and vote to see how other users voted

Companies in this Article
( mouse over to see the nutrition labels )