Bernie Madoff 10 Years Later: Ep. 3 | Hunting Bernie's Billions

Getting 75% of your money back after gambling it on the stock market with a crook is a great return, they should count themselves very lucky .

One of the many lessons here is to realize the consequences of having your entire nest egg in one single fund.

Never invest more than you are prepared to lose!

Well done gentlemen. Great discussion. Great show.

What a nerve Ilene Kent has, making it seems like they’re owed anything. They got their money out, which was a lot more than most investors! And she wants the SIPC money too? Double their initial investment? Pure greed.

How old was the lady who had a daughter with a college fund ??? Daughter had to be a 40 year old college student.

Selling on the phone tactics see Wolf Of Wall Street. It's an art they know how to leverage your greed.

Thanks for this series! As a conservative investor, I've attended many of these "invest your retirement money here" seminars, and most seem sketchy. I have most of my portfolio in real estate, which I have control of and is doing great, but I'm still susceptible to scams. So, I keep monitoring Zillow and County records to make sure no one is fraudulently trying to take ownership of my properties.

People BEGGED to invest with Bernie. BEGGED. You had to know someone who knew him and he had to approve you. These weren’t “victims”. They were willing, greedy sheep.

Thank you for this wise series

Thank you! Very interesting and informative. I listened to all 3 episodes in 1 sitting.

Every time I watch American Greed, I cannot understand how people can be so ignorant about investing. Anytime someone approaches me about money, my first reaction is that I am being scammed and they are trying to steal my money. I get junk mail from investment advisors wanting to provide me a free steak dinner at some swanky restaurant and I instantly think that they are scamming me. Investments are always risky and nothing lasts forever. You have to trust only yourself and everyone else is a potential thief.

but let’s not forget nobody from a bank was charged for anything👌

What a fantastic three-part series. I wish I knew all of this 20 years ago.

11 min. FINALLY WE GETTING TO THE IMPORTANT POINT!!!

Lesson learned,. Don't trust your money and your wife to nobody.

Really hard to believe even 10+ years later how could the regulators go so blind, not one single trading or counterparts...

It feels that a pile of cash under the mattress is the best way to invest money 😀 it definitely depreciates at the rate of 2-3 % every year but at least it won't disappear overnight.

Sorry, but if your friends are receiving 3-5% ROI and you are consistently reaping 13-15% and there are similar investments, wake up, greed was overpowering here, by everyone involved, no one wanted to question his ROI

Don't put all your eggs in one basket kiddos. Always cover yourself.