The fraudulent investor’s clients included the likes of Steven Spielberg and Kevin Bacon.
Robert De Niro and Richard Dreyfuss played him in fictionalized TV adaptations of the scandal.
This rags-to-riches story would become an integral part of Madoff’s myth-making over the years.
Credit: Hiroko Masuike/Getty Images
Some of Madoff’s clients had believed they had as much $60 billion in holdings with him.
The fallout from the scheme was more than just financial; there was also a stark human cost.
Madoff’s clients included charities, universities, and Hollywood luminaries likeSteven SpielbergandKevin Bacon.
Hollywood was also particularly interested in his downfall.
After pleading guilty in 2009,Madoff was sentenced to 150 years in prison, the maximum possible sentence.
