Every Government Office that failed to protect the rights of these victims should cough up the money and return it to these people. At least a reasonable portion to everybody.
He had help. There no way one man can con 70 billion dollars. Not just his family but there tons of people who work in the stock exchange or maybe people in the fcc..
The truly rich never gave him any money (or those who did managed to get 700% returns) and neither did the banks. Those who live in glass houses don't throw stones, and wall st is a big neighborhood full of glass houses
He died disgraced, imprisoned and alone in prison. He makes $170/month and caused the destruction of his family and the suicide of his son. What a tragedy for everyone involved, the investors, the family. Honesty is everything.
I completely understand why. Like you said, they're lawyers, which means they do not have any financial industry experience. They can check every piece of paper perfectly and find misdemeanors, but they'll miss all the financial felonies that are occurring...
His wealthy victims were too greedy to be realistic about what was happening. They are guilty of being so greedy they would overlook anything as long as it was making money.
His family knew. They used millions themselves out of the family account. They had property that was worth millions and such lavish lifestyles. They knew they weren’t earning that kind of hellacious income.
What I don't get with all the money he received, why he didn't get involved with a Trade Program which would have returned 100% returns or more. Enough to pay back what he had stolen and more. The answer is he had no intention to do the right thing. The last question would be where is the money?
Compassionate early release lmao I hope covid makes their way in to them. He goes to rich people prison anyways, not the typical prison that we see in the movies.
Yes he is clearly the worst No Remorse for 30 years love the show it's the best place to see stupid people lose all their money and then whine about it
65 billion includes his "fake gains", so where did the 25-30 billion disappear? Lavish lifestyle by my standards but not by the lavish lifestylers. Payroll and bonuses to those that worked for him -- legit or otherwise Some people took their money out and got those "fake returns" Bribes???? Does all of that equal all the money invested? I honestly do not know because I cannot fathom 25 million let alone 25 billion. You do not obtain that amount of money with trust. It takes others seeing the payouts and wanting in on it.
It's estimated he actually took about $17.5 billion. Obviously he paid himself, paid his family, paid his staff, etc. But a ton of that money he paid back to those investors when they cashed out. There was still some left, of course, when the crap hit the fan and he confessed.
He sure did fall hard.. Little room here would be heaven for him. what they should’ve have done is take everything away including the money, and have him live like a regular civilian and struggling to make ends meet.
I agree, An investment is always a risk and not a saving account. Rather than being lazy and investing millions some could have started there own business
Want to hear something more than a little depressing? America would have been far better off had we elected Bernie Madoff as president rather than Trump.
![ILLSLICK - KILLSHOT REMIX [FULL VERSION]](http://i.ytimg.com/vi/RIK8RrqIAzE/mqdefault.jpg)
The banks and financial institutions don't care as long as they make money.
Every Government Office that failed to protect the rights of these victims should cough up the money and return it to these people. At least a reasonable portion to everybody.
He had help. There no way one man can con 70 billion dollars. Not just his family but there tons of people who work in the stock exchange or maybe people in the fcc..
Most definitely. Like you said you can’t take that amount of money and no one noticed it’s doesn’t add up
His wife knew ...She has denied it but took out 15 million just days before his confession to his sons....Bernie obviously tipped her off.
What would the fcc have to do with this? Now I would agree the SEC failed miserably at catching him, but not the fcc.
The truly rich never gave him any money (or those who did managed to get 700% returns) and neither did the banks. Those who live in glass houses don't throw stones, and wall st is a big neighborhood full of glass houses
He deserves no compassion. He had zero when he was intentionally defrauding his victims.
I did not sympathize after he kicked the bucket
He died disgraced, imprisoned and alone in prison. He makes $170/month and caused the destruction of his family and the suicide of his son. What a tragedy for everyone involved, the investors, the family. Honesty is everything.
I have a hard time those so smart lawyers at SEC could not see what this guy was doing all these years
i have a hard time believing no one at the SEC got fired.
Especially when a whistleblower documented it for them in writing 5 times.
I completely understand why. Like you said, they're lawyers, which means they do not have any financial industry experience. They can check every piece of paper perfectly and find misdemeanors, but they'll miss all the financial felonies that are occurring...
I thought he already died of a heart attack in prison? 🤨 he ABSOLUTELY DOES NOT DESERVE ANY TYPE OF EARLY RELEASE!!!!😡😡😡😡
No joke
But he would have gotten a shorter sentence for double murder
His wealthy victims were too greedy to be realistic about what was happening. They are guilty of being so greedy they would overlook anything as long as it was making money.
CNBC PRIME why did you take down Ferris Rafauli’s House Tour video??????
His family knew. They used millions themselves out of the family account. They had property that was worth millions and such lavish lifestyles. They knew they weren’t earning that kind of hellacious income.
With the help of Security Exchange he live the good lifestyle, I wonder how much he paid to each of them.
What I don't get with all the money he received, why he didn't get involved with a Trade Program which would have returned 100% returns or more. Enough to pay back what he had stolen and more. The answer is he had no intention to do the right thing. The last question would be where is the money?
Pride comes before the fall.
I guess you could say " Bernie Made- Off "
Ayoooo
Now it's time for him to answer his maker for his deeds.
They are all greedy
He was a genius.
They were all rich and did no due diligence
A lot of these people knew what he was doing even his family as long as they were getting that loot they didn’t care until he got caught
Compassionate early release lmao I hope covid makes their way in to them. He goes to rich people prison anyways, not the typical prison that we see in the movies.
Rip Bernie
I don't feel sorry for these greedy people
bernie is a legend whether u like it or not
who's here after his death?
Re-title the series, "Colossal Kosher Criminals!"
I don’t get it, please explain.
WHERE IS THE MONEY....?
🌍
Yes he is clearly the worst No Remorse for 30 years love the show it's the best place to see stupid people lose all their money and then whine about it
Hollywood will make a movie about him
Already did
@@madcrabber1113 what is it called???
@@jerrywen5333 the wizard of lies
Where is all the money you can't spend 65 billion
Some went to pay his investors as "gains"
65 billion includes his "fake gains", so where did the 25-30 billion disappear?
Lavish lifestyle by my standards but not by the lavish lifestylers.
Payroll and bonuses to those that worked for him -- legit or otherwise
Some people took their money out and got those "fake returns"
Bribes????
Does all of that equal all the money invested? I honestly do not know because I cannot fathom 25 million let alone 25 billion.
You do not obtain that amount of money with trust. It takes others seeing the payouts and wanting in on it.
It's estimated he actually took about $17.5 billion. Obviously he paid himself, paid his family, paid his staff, etc. But a ton of that money he paid back to those investors when they cashed out. There was still some left, of course, when the crap hit the fan and he confessed.
He sure did fall hard.. Little room here would be heaven for him. what they should’ve have done is take everything away including the money, and have him live like a regular civilian and struggling to make ends meet.
Ken griffin will top it
Why give your money to sumone else neway, all of it is Greed even the so called victim's!!!!! 😐
I agree, An investment is always a risk and not a saving account. Rather than being lazy and investing millions some could have started there own business
@@rushrush6754 Right. You're Absolutely right...
@@rushrush6754 Oan, lazy is the best word to use, bc they wanted the profit from it but not doing the necessary work to secure their own money.....
@@rushrush6754starting business is also risky!
You are not a criminal,if you had stolen and robbed the rich.
Well he robbed the rich and poor.
Anyone else here after hearing the news of his passing?
Yep.
He was the salt of the earth and will be missed. - Jordan Belfort
You boy
the commentator sounds like he is chewing a cigar.
Cant wait to see the Donald Trump American greed episode.
Yeah I bet you do. All the while you like your own comments.... Smh
Watch it with Jared Kushner’’s on Netflix- MAD MONEY
@@n00n1n YES I JUST DID GO FIGHT WITH YOUR NEIGHBOR
SAD STORY, HIS 2 SONS ARE.......😱 😞
Not nearly as corrupt as our rigger and chief.
You are a critical thinker! Smh lol
Hebrew Skills!
I don’t understand
Madoff
😭
Made off
Mate off
Lost his word and name.
Made of lol
The guy lived most of his life very large.
No bad at all
Want to hear something more than a little depressing? America would have been far better off had we elected Bernie Madoff as president rather than Trump.
You should plant a couple of trees to compensate for the oxygen you are stealing from Earth
Yeah great idea rip off America just like the other Presidents did
@@glockonthecroc8306 LOL 🤣
People are stupid they would have had a better chance investing in stock themselves
Or lose everything investing in stocks themselves. 🤷♂️
Blah blah blah what exactly did he do