Investigation into Minnesota Teachers Retirement Association under Governor Tim Walz

An investigation alleges that the Minnesota Teachers Retirement Association is understating fees paid to Wall Street managers and showing unrealistically high returns under Governor Tim Walz. The investigator compares the situation to Bernie Madoff's Ponzi scheme.

Bernie Madoff's Ponzi scheme

Bernie Madoff scammed investors out of $68 billion; journalist Richard Behar spoke to Madoff over 50 times for a new book.

Sam Bankman-Fried's Fraud Case

Disgraced FTX CEO Sam Bankman-Fried sentenced to 25 years in jail for fraud, accused of witness tampering and perjury. He stole over $8 billion in customer money. His attorney defends him as an awkward math nerd who loves video games and veganism. Bankman-Fried sought to be politically influential but faced backlash from current FTX CEO and DOJ. He used stolen funds to donate to Democrats and allegedly bribed foreign officials.