American Greed: Madoff Behind Bars

About the Show

Madoff Behind Bars Preview
Bernie Madoff was the mastermind of the biggest Ponzi scheme in American history and is now serving a 150 year sentence. CNBC reveals what life is really like for Bernie Madoff behind bars.

He was the mastermind of the biggest Ponzi scheme in American History. He stole billions of dollars from unsuspecting clients. Lives were shattered and fortunes ruined. After confessing to his crimes, Bernie Madoff received the maximum sentence: 150 years in prison.

With exclusive interviews, American Greed goes behind bars to reveal the inside story of Madoff’s life at Butner Prison in North Carolina. You’ll hear from a former prisoner, a current inmate and the victims’ attorney who met face-to-face with Madoff. Does Madoff continue to say he acted alone? Does he show remorse for his victims or just regrets of his ruined reputation? Discover how a notorious conman is adjusting to life in prison and how even from behind bars, Bernie Madoff is not going away quietly.

Case File Documents

  • Madoff's Indictment Tuesday, 14 Aug 2012 | 10:45 AM ET

    On December 11th, 2008, Bernard Madoff is indicted on 11 counts including fraud, conspiracy and other charges related to one of the largest Ponzi schemes in American history. FBI agents went to Madoff’s house to quote, "find out if there’s an innocent explanation." To which Madoff replied, "There is no innocent explanation."

  • Madoff's Sentence Transcript Tuesday, 14 Aug 2012 | 11:28 AM ET

    On June 29th, 2009, Judge Denny Chin hands Bernard Madoff the maximum sentence: 150 years in prison. At the trial he speaks to his victims and says quote, "I apologize to my victims. I am sorry. I know that doesn’t help you."

Web Extras

  • Ponzi Schemes Tuesday, 30 Aug 2011 | 12:25 PM ET

    How much do you know about modern-day Ponzi schemes? Take our quiz and find out.

  • A Rogues Gallery of Financial Crime Wednesday, 17 Dec 2008 | 4:30 PM ET
    Accused of running a $50 billion Ponzi sceme, Bernie Madoff may have masterminded the biggest fraud in Wall Street history. But he’s not alone. Over the years, people from CEOS to traders have tried to take advantage of the system. Here are a few of them in past two decades.

    Over the years, people from CEOS to traders have tried to take advantage of the system. Here are some of the notables from the past two decades.

Related Links

Contact American Greed: Madoff Behind Bars


  • "American Greed" is narrated by Stacy Keach. The award-winning actor of stage, film and television is well-known for his portrayals of Detective Mike Hammer and Ernest Hemingway, for which he won a Best Actor Golden Globe.

Most Popular Video

Thursday, 6 Mar 2014 | 2:19 PM ET

CNBC's Phil LeBeau reports Boeing is going to end pension plans for non-union employees starting in 2016.

Thursday, 6 Mar 2014 | 1:02 PM ET

Russ Koesterich, global chief investment strategist at BlackRock, says we're at a tender moment for the market. With CNBC's Jackie DeAngelis and the Futures Now Traders.

Thursday, 6 Mar 2014 | 11:40 AM ET

CNBC's Bob Pisani and Art Cashin, of UBS, discuss how comments by the ECB's Mario Draghi helped move bond yields higher, the impact weather will have on Friday's jobs number, and the referendum vote in Crimea.