From the archives: Bernie Madoff charged in $50 billion Ponzi scheme
On Dec. 11, 2008, federal prosecutors charged financier Bernie Madoff with securities fraud in a $50 billion Ponzi scheme, the most important in U.S. historical past. Madoff pleaded responsible in March 2009 and died in federal jail 12 years later. Watch CBS News’ protection of the preliminary fees.
#berniemadoff #fraud #archive
CBS News 24/7 is the premier anchored streaming information service from CBS News and Stations that’s obtainable free to everybody with entry to the web and is the vacation spot for breaking information, dwell occasions, authentic reporting and storytelling, and packages from CBS News and Stations’ high anchors and correspondents working domestically, nationally and across the globe. It is offered on greater than 30 platforms throughout cell, desktop and linked TVs at no cost, in addition to CBSNews.com and Paramount+ and dwell in 91 international locations.
Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News: https://cbsnews.com/live/
Download the CBS News app: https://cbsnews.com/mobile/
Follow CBS News on Instagram: https://instagram.com/cbsnews/
Like CBS News on Facebook: https://facebook.com/cbsnews
Follow CBS News on X: https://x.com/cbsnews
Subscribe to our newsletters: https://cbsnews.com/newsletters/
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h
For video licensing inquiries, contact: [email protected]
