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Three Multi-Billion Dollar Ponzi Schemes to Be Exposed by Madoff Whistle Blower

February 8, 2016 11:24 AM EST

In a remarkable comment to ABC News, Harry Markopolos, the man who warned regualtors about the Bernard Madoff Ponzi scheme, is now saying at least three major Ponzi schemes are currently scamming American investors.

"I'm working on three multi-billion dollar Ponzi schemes today," Markopolos said. "You can’t stop them."

Markopolos said one of the Ponzi schemes he is working on will be bigger than Madoff’s. He didn't name names.

"Everybody wants to believe in the holy grail of finance, risk-free returns, and they keep investing in Ponzi schemes," he said.

Link to the full ABC story


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