Frank Avellino

Frank Avellino

Frank Avellino ran a feeder fund that was associated with the Bernie Madoff scandal.

The 536 exhibits released by the SEC Inspector General late Friday on Bernie Madoff don't seem to contain any explosive new revelations, but underscore an essential point about SEC investigations: if you are the target of a probe, just lie, again and again.The SEC won't check up, even if it's obvious.Ask Bernie. The documents show that he lied on the most obvious thing possible -- whether he managed money for people. He said no. The SEC...  
From garyweiss.blogspot.com ()
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