• American Business,  Crime,  Economic History

    One of the Largest Financial Frauds in United States History

    Bernie Madoff was at once family man, trusted friend, business success story, and one of the most notorious Ponzi Scheme Kingpins in history. His scheme  devastated the lives of thousands including his own family. By all appearances the Madoffs were to be envied. They flew in private jets living the high life of luxury, but the stability of their American Dream was fragile built upon the shifty foundation of fraud. The decades long gig was finally up, when Madoff was arrested on December 11, 2008. He was surprised by the FBI in the early morning hours, while still dressed in his pajamas. Upon hearing the big confession his sons did not wait,…

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