Bernie vs Benford's Law: Madoff Wasn't That Dumb

[gojomo]

http://paul.kedrosky.com/archives/2008/12/19/bernie_vs_benfo.html

[gojomo]

I'd asked about the application of Benford's law to the Madoff case in a previous thread (http://news.ycombinator.com/item?id=396942); this is one take.

Note from the item's comments, though, that someone else ran the same analysis and came to a different conclusion:

http://falkenblog.blogspot.com/2008/12/benfords-law-catches-...

(There's also some discrepancy in the numbers each used, so I expect further corrections.)