HEC in the Press

What Madoff Can Teach Investors About Trust

Globalbankingandfinance.Com , 13 January 2014

Research conducted recently by HEC Professor Hervé Stolowy and his co-authors into investment fraud suggests how investors can protect themselves from Ponzi schemes like the one used by Bernard Madoff. The research examined the various stages of trust that Madoff established to scam clients out of billions. 


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