In the last 20 years, there have been the worst financial scandals in American history.  The most famous was the Bernie Madoff scandal in 2008.  This was very famous because of the huge amount of money at stake.  At least 19 billion dollars was lost.  However, this money has recently been recovered.  The most recent was the Options Sellers/INT Fstone scandal of 2018.  The agency in charge, the CFTC has not divulged how much was lost in this scandal.  Hopefully, the truth will eventually come out.

 

Michael McLeod