Why Did Madoff Not Work The Ponzi Scheme Alone?

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No, Madoff did not work the Ponzi scheme alone. No man works a large scheme of this magnitude alone without experienced investors suspecting wrong doings. The conflict of interest is involved in this case because other investors were involved and made large amount of money from the scheme. Madoff is the name that the world recognizes for the Ponzi scheme; however, he did not work the scheme alone.
According to Lappin, Madoff “insisted he acted alone, but after months of deliberations, the jury wasn’t buying it- all five of Madoff’s co-conspirators were convicted on March 24, 2014 for aiding, abetting and colluding with their leader for decades” (Lappin, 2014). Moreover, after a long trial that began the fall of 2014, the NY jurors found

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