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Bernard Madoff Is in Jail After Pleading Guilty in 2009

Question 48

Multiple Choice

Bernard Madoff is in jail after pleading guilty in 2009 to the biggest fraud in Wall Street history.Madoff carried out his fraud over four decades by relying on __________.


A) financial expertise and human error
B) social engineering and the predictability of human nature
C) red flags and accounting loopholes
D) unbelievable returns that defied the market

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