Before Melissa Caddick, there was Bernie Madoff

Remember how we said we’re a weekly-ish podcast? New studio episodes are coming soon (we promise!) but this week we’re republishing one of favourites from 2020: the OG Ponzi schemer Bernie Madoff who stole up to 100 billion dollars through his fraudulent investment company. Bernie would tell his clients he was investing their money into super successful stocks (and show them the fake statements to prove it) but he was actually funnelling it all into his own bank account to fund his lavish lifestyle. Bernie was eventually busted during the Global Financial Crisis and sentenced to 150 years in prison. He served just over 10 years of his sentence before he died last year. We give you Just The Gist, but if you want more there’s this: WATCH The Wizard of Lies on Binge https://binge.com.au/movies/asset-the-wizard-of-lies!23114 WATCH the TV series Madoff https://www.amazon.com/Madoff-Season-1/dp/B01BGHYZ7Y LISTEN to the podcast ‘Ponzi Supernova’ https://podcasts.apple.com/au/podcast/ponzi-supernova/id1232020925 Get tickets to the Just The Gist LIVE shows! https://moretalent.com.au/tours/just-the-gist/ Follow us on Insta! @JustTheGistPodcast @RosieWaterland @JacobWilliamStanley Email us your suGISTions! [email protected] omnystudio.com/listener for privacy information.