Not really. In hindsight, perhaps some of Madoff’s savviest investors should have been more credulous and suspicious of how well Madoff’s performance was going, but Madoff was also very good at not over-succeeding to draw that kind of suspicion. When he went down, it was an out-of-the-blue thunderclap.
At this point with CIG, if you’re still investing in ships and digital doo-dads, you are doing so in spite of obvious warning signs and ignoring red flags that even a cursory due diligence would show up. If you were a past investor, maybe you didn’t have enough skin in the game to make it worthwhile to get your investment out, or you did and seized your chance to grab a refund…or you knowingly decided to ride this rocket into the ground.