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Meaghan Cheung

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  • Meaghan Cheung is a former SEC branch chief of the New York enforcement division. She came under fire in January 2009 after a whisleblower revealed that he had given very specific information to her regarding Bernard Madoff and the ponzi scheme he was running. Cheung had previously signed off on an investigation into Madoff's business practices in 2006, giving him the all clear.
  • Fast Facts

    1. Age in January 2009: 37New York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)
    2. Relationship status: MarriedNew York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)
    3. Mother of two childrenNew York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)
    4. Resigned from SEC in September 2008 for personal reasonsNew York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)
    5. Graduate of Yale University and Fordham University Law SchoolNew York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)
    6. Singled out by whistleblower Harry Markopolos
  • Quotes

    "Why are you taking a mid-level staff person and making me responsible for the failure of the American economy? ... I worked very hard for 10 years to make a career, and a reputation, and that has been destroyed in a month." - Meaghan CheungNew York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)

    "Cheung, branch chief in New York, actually investigated but with no result that I am aware of. In my conversations with her, I did not believe that she had the derivatives or mathematical background to understand the violation." - Harry MarkopolisNew York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)

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