Answer:
He funded redemptions by attracting new investors and their capital, but was unable to maintain the fraud when the market turned sharply lower in late 2008. ... In 2009, at age 71, Madoff pleaded guilty to 11 federal felony counts, including securities fraud, wire fraud, mail fraud, perjury, and money laundering.
Explanation:
The transatlantic slave trade had a consequential benefit and advantage
for European plantation owners in the ways that it was able to open up
and increase trade between the Americas, bringing an array of new
products and items into Europe that had previously not been seen.
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<span> The major factor was that Zimmerman Telegram and Germany's announced intention to resume unrestricted submarine warfare. </span>
