A con man
25 jun. 2019
Andrew Kitrzman: Betrayal: The Life and Lies of Bernie Madoff
Diana B. Henriques: The Wizard of Lies
Colleen P. Eren: Bernie Madoff and the Crisis
20 jun. 2016
Q&A with Richard Dreyfuss of MADOFF. Moderated by Scott Mantz, Access Hollywood.
Get a look into the mind of the man who pulled off one of the greatest cons in history in the primetime miniseries “Madoff,” airing on the ABC Television Network. Academy Award-winning actor Richard Dreyfuss stars as Bernie Madoff, with Emmy and Tony Award-winning actress Blythe Danner as his wife, Ruth. “Madoff” follows the prodigious rise and abrupt demise of the former investment advisor and the subsequent fallout with his family, associates and investors.
Madoff’s Ponzi scheme is considered to be the largest financial scam in United States history, but the impact was global. Losing billions of dollars for clients worldwide, including philanthropic foundations, celebrities, and retirement portfolios, the story of the fall of three-time NASDAQ Chair Bernie Madoff dominated headlinesin 2008-2009. The miniseries explores the complicated family dynamics within the Madoff clan and exposes the motivations and mechanics behind the monumental fraud.
“Madoff” also stars Tom Lipinski as Mark Madoff, Danny Defarrari as Andrew Madoff, Peter Scolari as Peter Madoff, Erin Cummings as Eleanor Squillari, Michael Rispoli as Frank DiPascali, Frank Whaley as Harry Markopolos. The miniseries also features Charles Grodin and Lewis Black.
“Madoff” is inspired by ABC News Chief Investigative Correspondent Brian Ross’ reporting from his book “The Madoff Chronicles” and additional reporting on the topic. “Madoff” is produced by Lincoln Square Productions in association with ABC Entertainment. Linda Berman and Joe Pichirallo executive produce. “Madoff” is directed by Raymond De Felitta and written by Ben Robbins.
5 Bernie Madoff Case Analysis | Mental Health & Personality | What is a Ponzi Scheme?
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2 mei 2020
This video answers the questions: Can I analyze the Bernie Madoff case? What are the mental health and personality factors at work in this case? What is a Ponzi Scheme? Support Dr. Grande on Patreon: https://www.patreon.com/drgrande
Bernie made off was an investment advisor and market maker who operated the largest Ponzi scheme in history, the fraud took place over the course 20 to 40 years and cost investors between 10 and 20 billion dollars.
American Psychiatric Association. (2013). Diagnostic and statistical manual of mental disorders (5th ed.). Arlington, VA: Author.
Henriques, D. B. (2018). A Case Study of a Con Man: Bernie Madoff and the Timeless Lessons of History’s Biggest Ponzi Scheme. Social Research, 85(4), 745–766.
30 mrt. 2012
31 okt. 2011
15 apr. 2021
11 dec. 2018
4 nov. 2021
14 apr. 2021
Bernard Madoff, architect of the biggest investment fraud in U.S. history, ripping off tens of thousands of clients of as much as $65 billion, has died, The Associated Press reported Wednesday. He was 82. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
Bernard Madoff, mastermind of the biggest investment fraud in U.S. history, ripping off tens of thousands of clients of as much as $65 billion, died Wednesday. He was 82.
His death at the Federal Medical Center in Butner, North Carolina, was confirmed by the federal Bureau of Prisons.
Madoff died apparently from natural causes, the AP reported earlier, citing an unidentified person familiar with the matter. He would have turned 83 on April 29.
Madoff was serving a 150-year sentence at the prison, where he had been treated for what his attorney called terminal kidney disease. His request for compassionate release from prison was denied in June.
He pleaded guilty in 2009 to a scheme that investigators said started in the early 1970s and defrauded as many as 37,000 people in 136 countries over four decades by the time Madoff was busted on Dec. 11, 2008 — after his two sons turned him in. Victims included the famous — director Steven Spielberg, actor Kevin Bacon, former New York Mets owner Fred Wilpon, Hall of Fame pitcher Sandy Koufax and Nobel Peace Prize winner Elie Weisel — and ordinary investors, like Burt Ross, who lost $5 million in the scheme.
Madoff insisted the fraud did not begin until the early 1990s, when, he said, “the market stalled due to the onset of the recession and the Gulf War.”
In a 2013 email to CNBC from prison, Madoff claimed the break in the market that started the Great Recession led to his scam.
“I thought this would be only a short-term trade which could be made up once the market became receptive,” he wrote. “The rest is my tragic history of never being able to recover.”
In fact, investigators said, Madoff did not execute a single trade for his advisory clients for years. Rather than employing a so-called split-strike conversion strategy as he claimed, he simply deposited investors’ funds in a Chase bank account, paying off new customers with funds from earlier customers — a classic pyramid scheme — and providing his clients with falsified account statement. The investment “returns” shown on those statements — some $50 billion in all — were pure fiction.
The scandal at Bernard L. Madoff Investment Securities shattered investor confidence, which was already damaged by the financial crisis. And it led to sweeping changes at the Securities and Exchange Commission, which missed the fraud for years despite repeated warnings, including from independent investigator Harry Markopolos, who set out to analyze Madoff’s improbable returns and pronounced them fraudulent as early as 2000.
A subsequent investigation by the agency’s inspector general, H. David Kotz, found that rather than following up on clear evidence of fraud, SEC enforcement staffers decided to take Madoff’s word that his operation was legitimate.
“When Madoff provided evasive or contradictory answers to important questions in testimony, they simply accepted as plausible his explanations,” Kotz wrote.
In early 2020, Madoff asked a judge to release him from prison, saying he was in the end stages of kidney disease and was too old for a transplant.
“You know there hasn’t been a day in prison that I haven’t felt the guilt for the pain I caused on the victims and for my family,” he told The Washington Post at the time. He said his goal was to explain his actions to his grandchildren.
“You know I lost both my sons, and my wife is not really well. So it’s horrible,” he told the Post. “I was very close with my family. I made a terrible mistake. And you know I suffer with it. I’ll suffer with it when I get out.”
19 mrt. 2012
In première gegaan op 3 nov. 2020
By 2007, the most massive financial fraud of modern history had been going on for decades. Billions of dollars had been flowing to a unique firm in Wall Street, where investors of all classes and worldwide trusted their money.
That elite fund was ultimately managed by one of the world’s most notorious conmen: Bernard L. Madoff, a businessman from Queens, New York. But then came the U.S. housing market crash and made the perfect storm in 2008. Only then, the massive fraud that Madoff had built couldn’t be sustained longer and crumbled.
A $64 billion disaster that left immeasurable tragedy for thousands of victims, orchestrated by a Wall Street sociopath who is serving a hundred and fifty years sentence in jail.
#startups #Slidebean #ponzi
0:00 – Intro
1:15 – Bernie Madoff: The Sociopath
2:39 – Bernie Madoff: The largest Ponzi fraud in history
5:23 – Bernie Madoff: A long road to justice
8:01 – Bernie Madoff: A Shakespearean tragedy
Read the video transcription + sources: https://slidebean.com/blog/startups-b…
8 jan. 2014
13 okt. 2018
14 apr. 2021
1 dec. 2009
14 apr. 2021
Betrayal : The Life and Lies of Bernie Madoff
By (author) Andrew Kirtzman
It was an inconceivable deception: over $65 billion stolen in the world’s largest Ponzi scheme. With new and revealing interviews with those who worked closest to him and his family, “Betrayal” is an in-depth, penetrating look at the man who perpetrated history’s most notorious financial crime. Despite the crush of media attention on Madoff’s scam, little is known about Madoff himself. What could lead a seemingly good man to ruin the lives of everyone who ever cared about him? What caused Bernie Madoff to commit an unspeakable act of betrayal, bankrupting his family, his friends, his mentors, and thousands of investors who depended upon him for their livelihoods?
“Betrayal: The Life and Lies of Bernie Madoff” is about the man who realised that he could have everything he wanted if he simply lied to the people who trusted him the most. Author Andrew Kirtzman tracked down more than a hundred people from Madoff’s past, poured over thousands of pages of court records; private e-mails; phone-conversation transcripts; and, census, military, and immigration records. The result is a fascinating story about the rise of a deeply immoral man.
28 mrt. 2017
Emmy award-winning journalist Andrew Kirtzman, explores “The Life and Lies of Bernie Madoff” in Betrayal—an in-depth, personal look at the architect of the biggest financial fraud in history. The New York Times calls Betrayal, “a novelistic, you-are-there sort of narrative,” and the shocking story of the King of the Swindlers—and his hundreds of celebrity and corporation victims, and the everyday people who tragically invested their life savings with him—does indeed read like a page-turning thriller. But it’s all amazingly, disturbingly true
3 aug. 2020
23 [VIDEO] PERSONAL TOUR INSIDE SWINDLER BERNIE MADOFF’S MANSION – PETER THORNE (9.1.09)
13 apr. 2011
We live in a society where a seventeen-year-old kid who robs a 7-Eleven of three hundred dollars goes to jail in a police van, while a thirty-four-year-old Wall Street banker who steals $1 billion from customers goes to Greenwich in his limousine.
A striking example of this state of injustice is the story of the illicit collaboration between Bernie Madoff and JPMorgan Chase. JPMadoff,written by the lawyers who represent 1,600 of the customers robbed by Bernie Madoff, offers a thoroughly documented account of the illegal conduct of the officers of JPMorgan Chase who watched, for years, as Madoff committed financial crimes. Why? Because they had the free use of Madoff’s billions of dollars of deposits. But this was not the only crime committed by officers of JPMorgan Chase. As the books lays out, JPMorgan Chase has become, like the Mafia, an institution that derives a substantial portion of its profits by violating the law.
Fans of Bernie Sanders, Liz Warren, Pam Martens and Matt Taibbi will appreciate this factual exposition of the long-standing corruption and criminal activity deep inside the institution of JPMorgan Chase and the utter failure of the Obama administration to prosecute criminal bankers.
26 Bernie Madoff Whistleblower Flags Next Big Financial Scandals (w/ Raoul Pal and Harry Markopolos)
24 okt. 2020
17 feb. 2021
18 mrt. 2022
19 mrt. 2022
A con man