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Question 48 2 points why did sophisticated investors trust Bernie Madoff with their funds, and why didnt they perform appropriate due diligence O his father

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Question 48 2 points "why did sophisticated investors trust Bernie Madoff with their funds, and why didnt they perform appropriate due diligence O his father in law was recruting all Madoff s clients O "Bernie claimed that he invested the money in a complicated three part split stike conversion investment strategy and he was saling beschip to O Bernie claimed that he invested the money in foreign financial corporations that their return is totally secured from any financial crisis

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