Just The Gist of... Bernie Madoff
His $68 billion fraud literally came down to fake statements printed on a secret floor of the office - so how did he get away with it for long? Bernie Madoff ran the biggest Ponzi scheme in history, and it was shockingly simple. And yeah - he took billions from billionaires, but he also took the life savings and superannuation of everyday people. Homes were foreclosed on and lives were ruined. Bernie insisted only he was to blame, and his wife Ruth and sons Mark and Andrew Madoff denied any knowledge of the fraud. But a 2023 book (Madoff: The Final Word by Richard Behar (2024)) revealed that…
The skinny
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