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
Egyptian pyramid construction techniques a levering device to work complementary with Mark Lehner's idea of a combined ramp and levering techniques. Houdin's father was an architect who, in 1999, thought of a construction method that, it seemed to him, made more sense than any existing method proposed for building pyramids. To develop this hypothesis, Jean-Pierre Houdin, also an architect, gave up his job and set about drawing the first fully functional CAD architectural model of the Great Pyramid. His/their scheme involves using a regular external ramp to build the first 30% of the pyramid, with an "internal ramp" taking stones up beyond that height.