Bernie Madoff infamously orchestrated the biggest recognized Ponzi scheme of all time. This Ponzi scheme was price near $65 billion. As soon as upon a time, Madoff was the chairman of the Nasdaq inventory alternate.
Madoff’s firm had two branches. One dealt with inventory brokerage and the opposite took care of the asset administration enterprise. The asset administration enterprise maintained the multi-billion greenback Ponzi scheme. The Federal Bureau of Investigation arrested Bernie Madoff on December 11, 2008. On June 29, 2009, the court docket sentenced him to 150 years in jail.
In line with AP, throughout his sentencing, former investor Tom Fitzmaurice advised the decide, “He stole from the wealthy. He stole from the poor. He had no values. He cheated his victims out of their cash so he and his spouse … may stay a lifetime of luxurious past perception.”
Bernie Madoff died in Federal Medical Middle, Butner on April 14, 2021, attributable to continual kidney illness. On the time of his passing, he was 82 years outdated.
What’s the Netflix true crime documentary collection, Madoff: The Monster of Wall Avenue about?
Netflix’s Madoff: The Monster of Wall Avenue is predicated on the e-book, Madoff Talks. Jim Campbell wrote and launched it in 2021. Netflix launched all episodes of the four-part documentary collection on January 4, 2023.
In line with the documentary collection’ official trailer on YouTube, the synopsis for Madoff: The Monster of Wall Avenue reads, “With an progressive visible strategy, Madoff: The Monster of Wall Avenue is a four-part edge-of-your-seat monetary thriller which reveals the reality behind Bernie Madoff’s notorious multibillion-dollar international Ponzi scheme and the methods wherein a willfully blind monetary system allowed it to flourish for many years.”
Teresa Giordano developed it, whereas the story was written by Andrew Becker and Eleanor Yu. It was directed by Joe Berlinger.