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Madoff’s Family Was Unaware of Fraud, Book Concludes

By Allan Lengel
ticklethewire.com

A new book penned by New York Times senior financial writer Diana B. Henriques concludes that swindler Bernie Madoff’s immediate family was unaware of the fraud he was perpetrating.

A review in the New York Times on the book “Wizard of Lies” says of Madoff’s crimes:

“In some ways it was highly sophisticated (software that duplicated the screens of other financial software and created thousands of precisely faked statements); in other ways, it was extremely crude. (Some of his claims were often ludicrous to experts.) We also learn that Mr. Madoff was dishonest even as early as the 1960s.”

The review by Charles Ferguson calls the book “frequently compelling but ultimately disappointing.”

To read more click here.


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