The sums of money he has swindled is mind-boggling. Why were the financial authorities asleep on this one?

As someone who had money in an Iceland bank when that country went bankrupt I have a lot of sympathy with people who invested with Bernie.

What I learnt from my experience was that if something looked too good to be true (7% return) then it probably is.

Doesn't look like those rich people will get their money back.