Bloomberg Law
December 11, 2018, 4:16 PM UTC

The Bernie Madoff Ponzi Scheme: Who’s Where Now?

Erik Larson
Erik Larson
Bloomberg News

It was great being in Bernie Madoff’s orbit, until it wasn’t. For decades, Madoff was a respected Wall Street financier, generous with employees and beloved by his family. But after his securities firm was exposed a decade ago as the biggest Ponzi scheme in U.S. history, thousands of investors lost their money, in many cases their life savings — $19 billion in principal, all told. Those closest to Madoff suffered in other ways, amid criminal convictions and giant payouts. Here’s where they are today.

The Family

Photographer: Timothy A. Clary/Getty Images

The Mastermind: Bernard Madoff The 80-year-old disgraced financier, whose epic scam started as ...

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