Exactly how did the Madoffs spend Kevin Bacon's money? VIEW NEW PHOTOS of Bernie, Ruth and the boys: glorious vacations, beach houses—and the best living Ponzi can buy.
Bernie's sentence is more than Al Capone's for tax evasion and 20 years more than a serial killer and suspected cannibal. The Daily Beast compares him to a rogues' gallery of crooks.
An extraordinary jail term for an "extraordinarily evil" fraud isn't just for Bernie Madoff, writes Allan Dodds Frank from the courthouse. It's a signal to all of Wall Street.
As Madoff is sentenced to 150 years in jail—the longest for a financial scandal in history—victim Burt Ross exclusively shares exactly what he told Bernie in the courtroom today.
Madoff victim Alexandra Penney on Bernie’s sentencing, Ruthie’s cruel fate—left with just $2.5 million!—and the finer things in her frugal new life: a classic piece from an Upper East Side thrift shop.
As Bernie Madoff's sentencing approaches, Ruth's sister—who lost millions—is coping with her own losses, anger, and confusion. Allan Dodds Frank reports from Palm Beach.
The just-announced biopic Madoff: Made Off With America will feature unknown actors, but The Daily Beast presents a more A-list cast, including Dustin Hoffman and Barbra Streisand. VIEW OUR GALLERY.
Lavish Palm Beach shopping sprees, a sister-in-law in poverty, quiet movie nights—Lucinda Franks offers an exclusive look at Ruth's life, then and now.
Exactly how did the Madoffs spend Kevin Bacon’s money? VIEW NEW PHOTOS of Bernie, Ruth and the boys: glorious vacations, beach houses—and the best living Ponzi can buy.
Bernie's sentence is more than Al Capone's for tax evasion and 20 years more than a serial killer and suspected cannibal. The Daily Beast compares him to a rogues' gallery of crooks.
Madoff was sentenced to 150 years in jail Monday afternoon. Read statements from his victims, Ruth’s emotional apology, his lawyer’s final plea, and the Ponzi schemer’s excuses.
In a Daily Beast exclusive, one of the fraudster’s employees tells Lucinda Franks that the supposedly legitimate brokerage operations were in fact just money-losing fronts for the fraudster's scheme.
Bernie Madoff quietly slipped $2 million into a foundation created by son Mark as the walls started closing in. Was this part of a scheme to divert cash? Lucinda Franks investigates.
Federal rules require that Madoff live out his sentence in a maximum-security prison—but he'll have a lot working in his favor: he's elderly, a criminal father figure, and he stole from the rich. Here’s what he can expect.
George Nierenberg and Dominic Ambrosino, two of Madoff's victims, discuss the trial with Forbes Magazine. Of Madoff, Nierenberg said, "I commanded that he turn around and look at the victims, and he didn't."
Madoff's $2M Yacht Auction
Madoff's $2M Yacht Auction
Haggling Over Madoff's Riches
Bernard Madoff's sophisticated clients, his traders, his sons, even the SEC (despite two investigations) all missed the red flags. How in the world did that happen? Who knew what and when in this "giant Ponzi scheme" with losses that could total $50 billion.
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