Forum Post: Madoff Whistleblower Markopolos: Bank of New York is going down (stole pension money)
Posted 13 years ago on Oct. 7, 2011, 1:06 a.m. EST by JPWarchild
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In a King World News exclusive interview, the man who brought down Bernie Madoff’s $65 billion Ponzi scheme informed KWN, “Bank of New York is going to go down, Eric. Between Bank of New York Mellon and State Street, these two institutions have stolen between $6 to $10 billion from tens of millions of Americans retirement savings accounts. It’s been a hell of a crime spree for the bank, but now they are being brought to justice.”
Harry Markopolos has lead the team that spearheaded this investigation from the beginning. Harry and his team were the first to expose this fraud. Markopolos also told KWN, “The New York Attorney General filed suit on Tuesday (against Bank of New York Mellon) for stealing money from pension funds on currency transactions. This theft has been from tens of millions of Americans, policemen, firemen, librarians, municipal workers, judges and the list goes on and on and they’ve been doing it for decades.
It's a start...but there are so many more out there. The years it will take to sort it all out. Maybe the government could create several thousand jobs to help investigate & prosecute many more of the greedy thieves who seem to thrive in their holier than thou environment known as Wall St. Dare to dream of Justice! ; )