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Scam of the Century?  Bernie Madoff & the $50 Billion Heist
See SlideshowInside what some are calling "The Ultimate Ponzi Scheme"  If it sounds too good to be true, it probably is.  CNBC investigates the public unraveling of investment manager Bernard Madoff's alleged multi-billion dollar "ponzi scheme".

ABOUT THE SHOW

As the far-reaching, devastating scandal unfolds; CNBC delves into the mind of investment manager Bernie Madoff and explores how the ponzi scheme worked. Who were the victims in the multi-billion dollar scam?

CNBC anchors and correspondents including David Faber, Charlie Gasparino, Mary Thompson, Melissa Lee and Scott Cohn provide investigative reporting on Madoff's firm, the many warning signs, the human and financial toll, and the fallout among the Palm Beach elite and others hardest hit by the scheme.

On the day Bernie Madoff was sentenced to 150 years in prison, we hear from his lawyer Ira Lee Sorkin, the vicitms who were allowed to address him in court and finally from his wife Ruth Madoff. 


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INSIDE THE SCANDAL

A Family Loses Millions
Bernard Madoff managed Joyce Greenberg’s family accounts since 1970’s.  Madoff had a good track record with returns and his statements looked legitimate.  There was no reason to question him until now.


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LATEST NEWS VIDEOS

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    • Picower Death Latest 

        Jeff Picower, an associate of Bernard Madoff who was found dead in his pool, died of a heart attack, according to an autopsy report.

    • Madoff Fund Winner Dies in Florida 

        Palm Beach billionaire and philanthropist Jeffry Picower, described as the biggest beneficiary of Bernard Madoff's fraud, died on Sunday after he was found lying at the bottom of the pool at his home, police said.

    • Madoff Associate Found Dead in Pool 

        Palm Beach billionaire and philanthropist Jeffry Picower, described as the biggest beneficiary of Bernard Madoff's fraud, died on Sunday after he was found lying at the bottom of the pool at his home, police said.

    • Madoff's Homes on Sale 

        CNBC's Mary Thompson takes a look inside Bernard Madoff's luxurious homes. The money made from the sales of these multi-million dollar homes will go to his victims.

    • Inside the Madoff Penthouse 

        The government is hoping to sell Bernard Madoff's New York City penthouse for more than $8 million. CNBC's Mary Thompson has the details.


LATEST NEWS WIRES

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    • Insider-Trading Probe Worries Hedge Fund Investors

        The trading scheme uncovered at prominent hedge fund firm Galleon Group last month was widened Thursday to include a number of smaller, less known firms. But it also appears to touch a prominent firm.

    • Madoff: All SEC Did Before 2006 a 'Waste of Time'

        Newly released documents in the Bernard Madoff case paint a detailed picture of a feckless Securities and Exchange Commission, and an epic scam artist who was constantly amazed he did not get caught.

    • Madoff: It's 'Amazing' I Didn't Get Caught Sooner

        Jailed swindler Bernie Madoff said it was "amazing" that he didn't get caught sooner in his multi-billion-dollar Ponzi scheme, and that everything the SEC did to investigate him prior to 2006 was a waste of time, according to a jailhouse interview he gave to SEC Inspector General H. David Kotz.

    • Ex-Madoff Accountant to Plead Guilty Next Week

        Epic fraudster Bernard Madoff's former outside accountant will plead guilty to criminal charges for his role in the multibillion-dollar Madoff fraud, U.S. prosecutors said Friday.

    • Madoff Trustee Says Losses Now Total $21.2 Billion

        The trustee overseeing the Madoff bankruptcy says the Securities Investor Protection Corporation has paid a record $534 million to Madoff investors, but that amount pales in comparison to the $21.2 billion he now says was stolen in the giant Ponzi scheme.


SHOW TIMES

Sunday, November 1st  8p ET
Tuesday, November 3rd  10p ET
Monday, November 9th  1a ET


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ANCHORS & REPORTERS


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