{"id":20417,"date":"2011-02-04T07:18:21","date_gmt":"2011-02-04T11:18:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=20417"},"modified":"2011-02-04T07:18:21","modified_gmt":"2011-02-04T11:18:21","slug":"bernard-madoff-jp-morgan-warned-uk-authorities-before-confession","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2011\/bernard-madoff-jp-morgan-warned-uk-authorities-before-confession.html","title":{"rendered":"Bernard Madoff: JP Morgan warned UK authorities before confession"},"content":{"rendered":"<p>Guardian &#8211; The UK&#8217;s Serious Organised Crime Agency (Soca) was warned about\u00a0Bernard Madoff in October 2008, two months before the fraudster confessed that his investment empire was a sham, according to a lawsuit unsealed in New York.<\/p>\n<p>The allegation was made in a suit filed against\u00a0JP Morgan, one of Madoff&#8217;s banks, on behalf of the fraudster&#8217;s victims.<\/p>\n<p>According to the suit, filed by the court-appointed trustee Irving Picard, executives at JP Morgan allegedly told Soca that they were concerned about &#8220;investment performance achieved by its [Madoff&#8217;s business] funds which is so consistently and significantly ahead of its peers, year-on-year, even in the prevailing market conditions, as to appear too good to be true \u2013 meaning that it probably is&#8221;.<\/p>\n<p><strong><a href=\"http:\/\/www.guardian.co.uk\/business\/2011\/feb\/03\/bernard-madoff-jp-morgan-uk-authorities-before-confession?CMP=EMCGT_040211&amp;\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian &#8211; The UK&#8217;s Serious Organised Crime Agency (Soca) was warned about\u00a0Bernard Madoff in October 2008, two months before the fraudster confessed that his investment empire was a sham, according to a lawsuit unsealed in New York. The allegation was [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20417","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=20417"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20417\/revisions"}],"predecessor-version":[{"id":20419,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20417\/revisions\/20419"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=20417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=20417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=20417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}