Ponzi scheme in Singapore?

Former chairman of Nasdaq, Bernard Madoff, is being charged for a massive fraud involving US$50 billion. He was running a huge hedge fund and paying good dividends for 15 years. What an unbeliever track record! For those who are staunch believers of track records, please take heart to this. Track records can be cooked anyway the chef wants it to look.

What happened to Madoff was that he paid his