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Madoff: The Man Who Stole $65 Billion

Madoff: The Man Who Stole $65 Billion

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Take the combined fortunes of Bill Gates, Tiger Woods and Roman Abramovich. Now imagine someone stealing that much money - and being hailed as a financial genius. That man is Bernard Madoff. Backed by governments and global banks, Madoff defrauded $65 billion from charities and individual investors including Stephen Spielberg. Finally turned in by his own sons, Madoff opened his door in his dressing gown to be arrested by the FBI. Eleven charges and eleven guilty verdicts later he swapped his penthouse for a prison cell. Only $1 billion was left. Madoff is the first definitive account of the rise and fall of the biggest fraudster ever. It's a story of greed, betrayal and lies, of remorseless risk-taking, family tragedy and financial disaster. Investigative reporter Erin Arvedlund was the first to expose Madoff back in 2001, but Wall Street and the world didn't listen. In this astonishing book, she answers the crucial unsolved why and when did Madoff turn his business into a massive fraud? How did he fool so many investors for so long? Who knew the truth? And who, ultimately, is Bernard Madoff?

Details of Book

ISBN13: 9780141045467
ISBN10: 0141045469
Language: English
Publisher: Penguin Books
Publication Year: 2009
Format: Paperback

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Insight into the biggest financial fraud in history.

  • Who is this book for?

    If you're fascinated by stories of cunning and deception in finance, this book provides a gripping detailed account of Madoff's rise and downfall. It reads like a detective story, revealing how trust was exploited and how an insidious scheme went unnoticed for years. You'll gain a profound understanding of greed's destructive power, making it a compelling read for those interested in economics and human nature.

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