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Madoff Whistleblower to Speak at Roosevelt University Luncheon on May 10

Posted: 05/02/2012
Harry Markopolos, the whistleblower who helped expose the $50-billion Bernard Madoff Ponzi scheme, will be the featured speaker at Roosevelt University’s Signature Luncheon on Thursday, May 10 at the Palmer House Hilton.

Sponsored by Roosevelt’s Heller College of Business, the luncheon also will honor Joseph D. Ament, Roosevelt’s senior faculty member and an accomplished tax and business attorney.  He will receive the college’s Lifetime Achievement Award.

In his talk, “Financial Regulations Past, Present and Future: How America Combats White Collar Crime,” Markopolos will discuss the impact of financial regulations on the economy, needed regulatory changes and the nation’s financial future.

Markopolos is the author of No One Would Listen: A True Financial Thriller, which details his pursuit of the greatest financial criminal in history and reveals the massive fraud, governmental incompetence and criminal collusion that has changed thousands of lives and the world's financial system.

Formerly a little-known number cruncher from a Boston equity derivatives firm, Markopolos has been scathing in his criticism of the U.S. Securities and Exchange Commission for both failing to uncover the Madoff fraud in spite of repeated tips and also for failing to investigate the larger firms under its supervision. In addition, he has met with victims of Madoff to learn how the fraud has affected their lives and families.

Ament, a Highland Park resident, has extensive experience in financial, estate and income tax planning; business mergers and acquisitions; and entity structures, including corporations, partnerships and limited liability companies.

Since 1965, he has taught taxation, estate planning, accounting for executives, and business ethics courses at Roosevelt University, where he has been the Samuel W. Specthrie Distinguished Professor of Accounting and Taxation. He chaired the Department of Accounting and Taxation for 19 years.  Ament is also the recipient of the Arthur L. Crandall Award, given biannually to the outstanding faculty member in the Heller College of Business and in 2009 he was the recipient of the Outstanding Educator Award for Region 4 of the Accreditation Council for Business Schools and Programs, consisting of nine Midwestern states and Ontario.

Individual tickets for the Signature Luncheon are $50 and can be obtained by contacting Tyesha Belton at (312) 341-3627.