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In which year did Bernie Madoff claim to have started his Ponzi scheme?

  • 1980

  • 1990

  • 2000

  • 2010

Answer

Bernie Madoff claimed to have started his Ponzi scheme in the early 1990s. However, an ex-trader admitted in court to faking records for Madoff since the early 1970s, suggesting the scheme may have started earlier.
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