Madoff investment scandal Madoff investment scandal The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. In December of that year, Bernard Madoff, the former NASDAQ Chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate Ponzi scheme. Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest. The firm employed Madoff's brother Peter as senior managing director and chief compliance officer, Peter's daughter Shana Madoff as rules and
Triangular Pyramid Factory Triangular Pyramid Factory Triangular Pyramid Factory is a metal fabrication and production company based in Riyadh, Saudi Arabia. The company was established in 2002 through Saudi Arabian General Investment Authority, as part of measures geared towards formalizing the process of economic liberalization. Triangular Pyramid factory is one of the largest manufacturer and supplier of carbon steel, aluminium and stainless steel in Arabian peninsula. The company has been involved in the construction of King Khalid International Airport and Marriott Courtyard, Riyadh. Triangular Pyramid Factory was founded in 2002 in Riyadh under Government of Saudi Arabia's investment scheme SAGIA. The company focuses