Harry Markopolos, a whistleblower on the Madoff ponzi scheme, claims General Electric has committed more than $38 billion worth of accounting fraud.
Harry Markopolos, a whistleblower on the Madoff ponzi scheme, has the potential to make millions from his recent call that General Electric has committed billions of dollars in accounting fraud. The former financial executive is reportedly working with an undisclosed hedge fund that's betting GE's share price will drop, and Markopolos has an agreement to receive a portion of the trading profits, according to the Wall Street Journal.
Harry Markopolos, a whistleblower on the Madoff ponzi scheme, has the potential to make millions from his recent call that General Electric has committed billions of dollars in accounting fraud. The former financial executive is reportedly working with an undisclosed hedge fund that's betting GE's share price will drop, and Markopolos has an agreement to receive a portion of the trading profits, according to the Wall Street Journal.
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