The Bernie Madoff Scandal Quiz

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The Bernie Madoff Scandal: a General level Economics quiz. Test your knowledge with 15 questions!
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Questions

Question 1
What kind of financial scheme did Bernie Madoff run?
A Insider trading
B Pyramid selling
C Ponzi scheme
D Bank robbery
Question 2
Approximately how much money was involved in the Madoff fraud?
A 65 million dollars
B 65 trillion dollars
C 65 billion dollars
D 65 thousand dollars
Question 3
What is a Ponzi scheme?
A Using new money to pay old investors
B A government-backed savings account
C A legitimate investment fund
D A stock market index
Question 4
Where did Bernie Madoff work?
A The World Bank
B Wall Street
C Silicon Valley
D The Federal Reserve
Question 5
When did the Madoff scandal collapse?
A 2000
B 2015
C 2008
D 1990

📋 This quiz has 15 questions in total.

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