Madoff was an evil master of financial illusion
By Larry Edelman Globe Columnist,Updated April 14, 2021, 2 hours ago
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âAssume fraud first until genius is proven.â
Thatâs what Harry Markopolos, the Boston accounting sleuth who rang alarm bells about Bernie Madoff long before the New York investorâs Ponzi scheme collapsed in 2008, wrote when he signed a copy of his book about the scandal for his friend Michael Trotsky.
It was 2010, and Trotsky, who had recently taken over as head of the stateâs giant public employee pension fund, understood Markopolosâs adage all too well: When a money managerâs acumen seems to good too be true â Madoff claimed improbably consistent investment returns year after year after year â itâs probably a scam.
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Sarah Parker Schlesinger joins Continuity Family Business Consulting
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Continuity Family Business Consulting welcomed Sarah Parker Schlesinger, of Newton, as a senior consultant.
In this role, Schlesinger will oversee development of Continuity’s Center for Wealth Integration, which will help high-net-worth families and family enterprises navigate the opportunities and challenges of generational and shared wealth.
“We’re thrilled to welcome Sarah and to have her spearhead this important practice area,” said Continuity Managing Partner Blair Trippe. “Enterprising families nationwide are seeking increased guidance for their rising generation of family stakeholders and inheritors as they transition into leadership roles. Sarah’s specialized expertise and problem-solving acumen make her the ideal professional to lead this charge.”
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