Frank Casey was an equity specialist manager who discovered a money manager, Bernard Madoff, generating a suspect 12% return for investors. He took his findings to Harry Markopolos, a financial fraud investigator, who submitted documents to the SEC multiple times showing that Madoff was running a Ponzi scheme. Madoff is arrested and charged with securities fraud, but not until 2008 when losses to investors are estimated at $18 billion. Madoff is convicted and sentenced to 150 years.