Finance Monthly July 2019 Edition

In early 2009, Bernie Madoff pled guilty to the largest Ponzi scheme in world history and the largest financial fraud in US history. Over the course of nearly three decades, thefinancier turnedcareercriminalhadstolen billions of dollars from investors by way of deceit and using fraudulent financial reporting. While no one has managed to eclipse Madoff in the intervening years, fraud remains a widespread problem in the finance industry. Dave Elzas, CEO Geneva Management Group COULD BLOCKCHAIN PREVENT ANOTHER BERNIE MADOFF? 18 www.finance-monthly.com FINANCIAL INNOVATION & FINTECH - BLOCKCHAIN