The $65 Billion That Was Never There

On December 11, 2008, federal agents arrested a respected Wall Street veteran in his Manhattan apartment—and uncovered a financial illusion worth roughly $65 billion. His clients believed they owned carefully managed investments, but the statements told a very different story. This video explores how a former Nasdaq chairman built trust among institutions, charities, celebrities, and retirees while claiming to manage billions he had never actually traded. #BernieMadoff #FinancialFraud #WallStreet #PonziScheme #TrueCrime #FinancialHistory