The Monster of Wall Street

Financial Fraud Of Bernie Madoff

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Bernie Madoff: The Monster of Wall Street
Credit: Gabriel Hongsdusit/Reveal

BERNIE MADOFF CASE BACKGROUND

Bernie “Bernard” Lawrence Madoff was born in Queens, New York on April 29, 1938, to a Jewish family. He had two siblings namely Sondra wiener and Peter Madoff. Bernie Madoff went to Rockaway high school in 1956. He then attended the University of Alabama for a year, after which he took a transfer to Hofstra university intending to reunite with his then-girlfriend and future wife, and ironically graduated in 1960 with a degree in bachelor of arts in political science. Then, he is said to have been to Brooklyn law school for a brief period where he co-founded his wall street firm Bernard L. Madoff investments securities LLC in 1960 with his wife Ruth Madoff by borrowing from his father-in-law. After the scam came to light the investigating authorities inquired about the inception of his financial investment firm which led them to his academic records, the Brooklyn law school stated they had no record of Bernard Madoff ever matriculating from their college.

Bernie Madoff was a revered wall street financial expert and was often time referred to as being touted as the financial wizard of his time. Bernie Madoff had a financial investment firm and had a reputation of being considered a person with investments Midas touched that Greek mythology…

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