Reply #30: No she said the stock names were listed. [View All]

[dkf]

My impression is that they created trades after the fact that looked like they ended up gaining a return.

Say you were creating a fake statement after the end of the trading month. You could find positions that had done well and claim you had done that trade.

Markopoulous found the fraud because he took a look at the options Maddoff said he traded, estimated how many trades he would have had to have done for his clientele, looked at the true number of trades for that day and figured out it was not possible.

But the trades themselves looked perfectly fine.