Most people know about Bernie Madoff. He swindled billions in a ponzi scheme that left many without their life savings. Madoff is still in prison but the U.S Department of Justice says there are plenty of others involved in this kind of fraud.
The Justice Department hosted an investor fraud summit Monday morning to teach people how to avoid falling for these schemes.
WNPR's Lucy Nalpathanchil interviewed U.S Attorney for Connecticut, David Fein about the summit.