THE BERNIE MADOFF PONZI SCHEME
Episode 168 | Historical Events
In this History episode we focus on Bernie Madoff — the largest financial fraud in US history, the $65 billion in fictitious account balances, the SEC that investigated him six times and found nothing, and the 2008 financial crisis that ended the scheme not because anyone caught him but because too many people tried to withdraw at once.
The SEC never made one phone call that would have confirmed the trades didn't exist. Nobody made the call.
#HistoryMystery #BernieMadoff #PonziScheme #FinancialCrime #HistoryPodcast
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