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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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    • Boats Seized in Madoff Scandal Sell for $2 Million

        Four boats seized by U.S. authorities from imprisoned swindler Bernard Madoff and his right-hand man, Frank DiPascali, sold for nearly $2 million at auction on Tuesday, the U.S. Marshals Service said.

    • Madoff Deputy Moved, Still in Custody: Sources

        Frank DiPascali, swindler Bernard Madoff's right-hand man who admitted helping his boss run a decades-long multibillion dollar fraud, was moved from a New York jail but he remains in custody, law enforcement sources said on Tuesday.

    • Madoff Auction: $4,750 for a Decoy Duck?

        People came from near and far to bid on Bernie Madoff's things—and they paid a premium for a little piece of this dark chapter of US history. Ruth's baubles were some of the hottest items—several pairs of earnings went for $70,000 or more. One wooden duck decoy sold for nearly $5,000.

    • Madoff Boat Auction

        National Liquidators handled the successful sale of  Bernard Madoff's three boats, a Mercedes convertible, and a fourth boat once owned by Madoff's right-hand man Frank DiPascali. All totaled, the auction raised more than $2 million for Madoff's victims.

    • Two Ex-Madoff Employees Arrested As Part of Scheme

        Two computer programmers provided technical support to falsify documents and trading records for swindler Bernard Madoff and took hush money to help keep the massive fraud going, U.S. authorities said.


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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