Join “60 Minutes” as they delve into the infamous Bernie Madoff investment scheme in this full episode from 2009. Steve Kroft’s report uncovers the shocking details of Madoff’s fraudulent activities, while also highlighting the whistleblower who first brought his scheme to light.
In addition, Morley Safer conducts interviews with Irving Picard and David Sheehan, who led the team tasked with recovering the billions of dollars in assets that Madoff had swindled from his investors. The episode further explores the impact of Madoff’s crimes on his family, including an interview with his wife, Ruth Madoff, and son, Andrew, in 2011.
“60 Minutes” has been a staple in investigative journalism for over 50 seasons, delivering hard-hitting reports and interviews that shed light on some of the most pressing issues of our time. Don’t miss this gripping episode that takes a closer look at one of the biggest financial scandals in modern history.
To stay updated on the latest from “60 Minutes,” subscribe to their YouTube channel and follow them on social media. Don’t miss out on this compelling episode that uncovers the truth behind Bernie Madoff’s elaborate scheme.
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Video “Bernie Madoff | 60 Minutes Full Episodes” was uploaded on 08/31/2024 to Youtube Channel 60 Minutes
1:24 "and blew the whistle" legendary
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Wow, a whistleblower who was not sacked, not had their reputation trashed or even jailed. How times have changed.
He destroyed a lot of life’s. His boys are both gone. One unalived himself and the other was cancer I believe. And Ruth had to sell lots of things. But she’s still living pretty comfortable life. It’s really sad so many people are financially strapped. Can you believe he works with finance in prison.
Could the sons businees have begun without funds from their fathers customers? If not, then any profit they mad threw that business was gained with fraudulent funds. So all of their money is part of it.
Evil the whole family
If you thought this was big, wait until you see what's coming down the pike.
Greed to the extreme in the name of a fake luxury life! It's really sad and a curse fate that took over the entire family. The worst of human behavior, the white collar predators .
His son continues cheating very well
She would have left him if she had knew? When she found out, she never thought of leaving.
This still stinks decades later.
I have no doubt that she knew…
This has already been solved by Bernie’s partner Bienes: God wanted us to have it…that’s what he said about the money.
Peace.
Of course they did NOT know: Again according to Bernie’s partner Bienes: He owned us!
They were innocent, Bernie owned them.
Peace.
Corruption. The thing that can and possibly will destroy America. The fact that this man had proof in just a few hours and reported this for almost a decade before anything was done speaks volumes of how corrupt the whole system WAS and Still IS
Harry Markapolos wrote a book about the Madoff ponzi scheme. It's excellent! It's called "No One Would Listen"
She is a liar
I don t understand why did nt he just make actual trades and investments ??? With all the effort and hassle of the Ponzi scheme why not use that energy to just do actual work that was legitimate financial work
"I'm gonna go get the papers, get the papers."
Buffalo Bob Woodward poop pit for back taxes// well mad cows
William Shatner 💩
It was called greed. That’s what kept him going.
Notice on 60 minutes Australia comments are turned off, in other words censored, so that deception cannot be publicly disputed.
The whole family looked sophisticated.
That whistle blower is the economic equivalent of Batman… Does a excellent job but everyone hates him… Very sad 😢
"She cooked" so obvious she had never cooked before. This was when she realized it was over.
Bernie likes himself so much that he took his own story as an example to lecture others😂
Think about how many ppl got rich af due to bern
Everybody who is married knows that you know all family affairs especially including financial affairs. Ruth knew but she liked the lifestyle and thought it would not affect her.
losing an 8-figure fortune and the perp was still walking around…..yall are well-behaved citizens
Selfish Mark – killed hinself while his toddler son slept in the next room. Traumatized his son for life.
"($10 milliion transfer) was not atypical for him to take that out of an accout" ?????? Mrs. Madoff was either in denial or ignorant as a wife of the chairman of an investment company??? If she really is innocent, how do you prove it? Look how impeccably she's dressed (in the interview post-arrest) and telling that it didn't occur to her to even give him a doubt????? Is it me or she telling a lie???
Good I wanted to know as much as I can about this man and the way he makes money
I think she is lying about the suicide attempt. Look at when she blinks her eyes. Wow.
His family is dealing with the consequences? His family is enjoying all of that stolen money, and they need to be held accountable!
Respectfully, Madoff can only be the decond biggest financial fraud. For number one look to the theft of Gannie zMar and Freddie Mac by Hank Paulson and the Bush administration and all administrations since. A crime still taking place. The governments ATM.
Only those whom steal from the rich are there consequences ?
Judging from the Comments, it seems a LOT of folks Truly don’t Value the **SANCTITY of Marriage**. 😂 😂 How Awful of people and irritatingly PRESUMPTUOUS of Miss Ruth’s OWN son, Andrew, to have Expected her to Abandon HER Husband!! If there’s Ever a time when a Wife should STAND BY her Man it’s when he’s at his LOWEST point in Life. It doesn’t mean that Miss Ruth Condoned her husband’s crimes and wrongdoing. Instead she would’ve been HONORING her Wedding Vow to her HUSBAND which she made BEFORE GOD and witnesses.
What a couple of TRAITOROUS and TREACHEROUS sons Mark and Andrew were to their dad. Bernie was a Good Papa to his sons when they were children, and he Provided to them as AduLts a Most Luxurious Lifestyle for YEARS. But as soon as it came time for the little SNOT Andrew to Post BaiL for his dad, he REFUSED!! 😡 How could a son be so Ungrateful and DISRESPECTFUL to their dad after EVERYTHING he’d done for them!!! Instead of showing LOVE when their dad most Needed it, aLL they could think to do was Drop a Dime on him. Their DESPICABLE behavior makes me Believe more than ever that Both Mark and Andrew WERE definitely COMPLICIT in Bernie’s crimes.
Madoff’s wife withdrew large amounts prior to it blowing up…classic…
..and of course her son Mark’s wife divorcing him after the party was over was hilarious…the family has great taste in women
Haha…Mark’s 2nd wife divorcing him after was such a classic gold digger behavior…great taste in women!!!
What’s a Ponzi scheme….haha..really Ruth?!
Ruth’s testimony of attempting suicide is such trash…