Tag Archives: GE


GE-fraud

Madoff investigator accuses General Electric of $38 bn fraud

08 August, 2019 3:58 am 3:58 am

US – A private financial investigator who flagged warnings about Bernard Madoff’s $65bn Ponzi scheme is now targeting one of America’s blue chip companies- General Electric (GE). Harry Markopolos claimed that GE was hiding an accounting scandal, sending its shares tumbling. In a 175-page report, he accused GE of concealing $38.1bn in potential losses and … Read More