Are you an investor? Do you trust your broker to do as you ask with your money? Based on a true story, The Swindler will show you how easy it is for your broker to deceive you.
Skip Horowitz, the main character, has followed in the footsteps of his personal hero, Bernie Madoff, if perhaps, on a smaller scale. Instead of conning people for billions of dollars Skip Horowitz organizations have taken hundreds of millions of dollars and used them as if they were their own. Here’s how it works….
Skip and his old pal from Jersey, A.J., create what they believe is a foolproof Ponzi Scheme using commodities trading, bookmaking, and various other businesses as a plausible cover. Their plan has served them well for decades. Skip is seen as the “Teflon man” by his competitors and feels he is invincible.
As Skip becomes more and more successful his lavish lifestyle and highly touted regular rate of returns comes under the scrutiny of the SEC, NFA, and CFTC who oversee commodities trading. Investigations by these governmental oversight agencies have been on and off for quite some time because there has been no solid proof to support any allegations of wrongdoing. Will Skip’s luck continue to hold or is his time up?