The son and wife of convicted stockbroker Bernie Madoff said they had no inkling he was running a $50 billion Ponzi scheme until he came home on a December night three years ago and gathered the family together.
“He said, ‘I have a confession to make. I’ve been running a Ponzi scheme.” He said, ‘$50 billion dollars,'” recounted Madoff’s wife, Ruth, in an interview with CBS’ “60 Minutes” Sunday night.
Madoff’s youngest son, Andrew, also appeared on the show — their first television interview since Madoff pleaded guilty in 2009 of running the largest Ponzi scheme in U.S. history.
Full story: Madoff’s wife, son say they had no inkling of Ponzi scheme