Scam of the Century? Bernie Madoff & The $50 Billion Heist, Ponzi Scheme, Business, Economy, Financial and Human Toll

Inside 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.

Greenberg speaks with CNBC's Melissa Lee about the deception.

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Ruth Madoff Speaks the Truth

Bernie Madoff's wife, Ruth,speaks publicly for the first time in almost three years since her husband confessed to running the largest Ponzi scheme ever. Insight with Diana Henriques, The New York Times senior financial writer.

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KNTV's Scott Budman, reports Ruth Madoff said in an interview, she and her husband Bernie were so distraught over his crimes, they considered suicide in 2009; BP got approval for a new offshore drilling permit; and earnings were up at Visa, as more people used their credit cards.

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