On December 10, 2008, Madoff's sons Mark and Andrew told authorities that their father had confessed to them that the asset management unit of his firm was a massive Ponzi scheme, and quoted him as …

Jan 2, 2026 · Discover how Bernie Madoff orchestrated history's largest Ponzi scheme, defrauding investors of $65 billion, and the implications it had on financial markets.

Bernie Madoff, a financial investor whose skill and track record was so legendary that people begged to open accounts with his firm, crashed hard in December 2008 when the truth finally came out ...

The trading division of Bernard L. Madoff Investment Securities was auctioned off after the Ponzi scheme unraveled in 2008, and the money was used to compensate victims.

Bernie Madoff was a market structure pioneer, a former NASDAQ chairman, and one of the most trusted names on Wall Street—bona fides that allowed him to architect the largest known Ponzi scheme in …

Sep 29, 2025 · Bernie Madoff’s Early Career Born in 1938 in Queens, N.Y., Madoff came from a working-class family. As a teen and during college, he worked a series of jobs to help fund a …

Apr 14, 2021 · Bernie Madoff, the disgraced financier who died Wednesday, once led Cincinnati Stock Exchange where he instituted the first computerized stock trading system.

May 16, 2025 · The Bernie Madoff case represents both the largest financial fraud in U.S. history and one of the most successful victim recovery efforts ever achieved. The scheme’s longevity and …