Bernard Madoff has made his name (if it wasn’t already: “made off?”) a worldwide synonym for fraud of the lowest order. But the world is waiting to see whether his wife, sons, and brother will be joining him in the clink.
Can you conceive any way they could have been other than knowingly complicit?
But beyond that: if you’re an advisor, what proportion of your family firm clients have been serious crooks? I’m not talking about cheating Uncle Sam (i.e., their fellow taxpayers) as much as they can get away with, but actually stealing other people’s money: investors, customers, suppliers, …? I’ve had very few among my clients, as far as I know.