Just finished reading "No One Would Listen" by Harry Markopolos. This is an amazing true story about how Markopolos discovered Bernie Madoff's fraudulent Ponzi scheme which cost thousands of investors an estimated 65 billion dollars. Markopolos attempted to expose Madoff's fraud, but was ignored and denigrated by the SEC (Securities Exchange Commission) to whom he submitted three formal detailed complaints over the ten year period in which he and his team investigated Madoff. He tried to warn others also but most ignored him. The "returns" on Madoff's "fund" were just too great and had been "paying" consistently for too long. People believed that Bernie was as safe as a T-Bill. In the end, Markopolos testified before Congress on the complete failure of the SEC to protect investors and suggested ways in which the agency could be fixed.

This is a must read for Ben and Jonny. It is also a great read for anyone interested in things financial and a good educational opportunity for learning about and avoiding fraud. There are a lot of really good investing lessons to be learned here also.