Here’s why SEC failed to investigate Madoff

Prior to his dramatic fall amid accusations of deception that potentially resulted in a staggering loss of $50 billion for investors, a man is pictured in a semi-profile view, displaying a poised demeanor. He is wearing a dark suit, a dress shirt, and a tie, while his expression is serious, with a hint of contemplation as he gazes to his side against a backdrop that suggests a formal setting. The man’s dark, neatly combed hair and confident posture contribute to an air of professionalism.

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