Part 1/10:
The Madoff Fraud: A Case Study in Deception
Two and a half months have passed since Bernard Madoff was arrested and charged with what is believed to be the largest financial fraud in history. Strikingly, even after this time, little additional information has surfaced regarding the alleged $50 billion scam beyond Madoff’s initial statements to the FBI. Federal prosecutors now face the daunting task of unraveling the complexities of the case and identifying all those involved in this financial catastrophe. However, the consequences of Madoff's misdeeds are starkly evident, as thousands of victims find their lives irrevocably ruined.