jan 1, 1962 - A Side Business: Investment Adviser
Description:
It's not known exactly when Madoff starts managing money for clients, but according to SEC documents, by 1962 he's managing investments channeled through his father-in-law, accountant Saul Alpern, and one of Alpern's partners, Frank Avellino. The first investors are friends and associates, recruited in places like Queens, Long Island and the Catskills.Added to timeline:
Date:
jan 1, 1962
Now
~ 63 years ago