Scam Of The Century - The Bernard Madoff Story

IN FOCUS:

We've heard endlessly that even though Bernie Madoff allegedly turned out to be more of a con man than a money man, the strategy he claimed to be using to invest his clients' money would have been a good one if he was in fact using it. That's simply not true.

LATEST HEADLINES:

- Insider-Trading Probe Worries Hedge Fund Investors 05 Nov 2009
- Madoff: All SEC Did Before 2006 a 'Waste of Time' 02 Nov 2009

LATEST VIDEOS:

Picower Death Latest 26 Oct 2009
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

26 Oct 2009

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

26 Oct 2009

Madoff's Homes on Sale

09 Sep 2009

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 09 Sep 2009
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.
Madoff Update 02 Sep 2009
The SEC inspector general says the agency fumbled five probes of Bernard Madoff, reports CNBC's Mary Thompson.
Transparency in Hedge Fund Industry 01 Sep 2009
Transparency is important to hedge funds, says Randall Dillard, director of Liongate Capital.
Madoff's Finance Chief Pleads Guilty 12 Aug 2009
Bernard Madoff's right-hand man pleaded guilty to conspiracy and other charges. CNBC's Mary Thompson has the details.
Judge Rejects Bail 11 Aug 2009
DiPascali is remanded to custody citing flight risk, reports CNBC's Mary Thompson.
Judge Rejects Bail 11 Aug 2009
DiPascali is remanded to custody citing flight risk, reports CNBC's Mary Thompson.

SLIDESHOWS:

Bernie Madoff and the $50 Billion Heist

If it sounds to good to be true, it probably is. Those words take on dramatic resonance since the public unraveling of investment manager Bernard L. Madoff’s alleged Ponzi scheme.

Rogues: Gallery of Financial Crime
Over the years, people from CEOs to traders have tried to take advantage of the system. Here are some of the notables from the past two decades.

Boy Band Mogul: Fame and Fraud

Lou Pearlman, the legendary manager of *NSYNC and The Backstreet Boys, lived a lifestyle of fame, fortune and fraud. He masterminded investor scams totalling $500 million.

Largest US Bankruptcies
Lehman Brothers' bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court.

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