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Did Maddoff's family know?

Discussion in 'BBS Hangout' started by SPF35, Oct 30, 2011.

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  1. SPF35

    SPF35 Member

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    I am watching this 60 minutes on Bernie and I am curious what you all think. The family claims they had no clue and were in the dark with his fraud. Do you believe them?

    Does anyone know if they actually got away with putting property in their name and keeping things that were made out of a fraud by changing it out of bernie's name?
     
  2. tehG l i d e

    tehG l i d e Member

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    at least his wife knew, and probably his brother.
     
  3. plcmts17

    plcmts17 Member

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    They must have been very estranged from him not to know.
     
  4. Air Langhi

    Air Langhi Contributing Member

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    They probably all knew it, but they looked the other way.
     
  5. DaDakota

    DaDakota Balance wins
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    You don't run a scheme like that with a lot of people knowing.

    DD
     
  6. RoxSqaud

    RoxSqaud Member

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    His wife knew.

    ....and she creeps me out.
     
  7. Rocket River

    Rocket River Member

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    They know where the money is

    Rocket River
     
  8. Raven

    Raven Member

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    Of course, what wife doesn't snoop on her rich husband's finances and business dealings?
     
  9. LANIMIRC

    LANIMIRC Member

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    didn't his sons turn him in?

    i'm sure his wife knew.
     
  10. Big MAK

    Big MAK Member

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    I think they did... However, I think the truth was coming out very soon, so to save his family, he had them turn him in so it looked like they didn't know.

    Either way, where the hell was his exit plan? If I had a ponzie scheme worth $50 billion, I'd have a house in a remote area in South America or something with a couple million in cash that no one knew of. Sure, he may have eventully been found, but spending a few more years on the beach somewhere sounds better than life in jail.
     
  11. Dairy Ashford

    Dairy Ashford Member

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    Last day of fifth grade, I was waiting for the bus in the garage and heard a scream inside.

    I ran back into the house, followed the trail of AB-negative from the living room into the master bedroom and saw my Dad standing there like Olivier Martinez at the end of Unfaithful, our Magnavox camcorder tripod on the floor nearby, and my 5'2" tall mom scowling and telling me to "not call the police, because he's not hurt." Dad started yelling in response, but it wasn't about dialing 9-1-1, it was about mom "telling lies, trying to ruin me financially," all the kinds of stuff you say to your kids in the middle of a two year divorce. She'd actually come after him with a bat a year earlier (after catching him on the phone with someone) and got her eye brow busted open, so the Bobby Heenan kayfabe wasn't anything new. I told them I was gonna miss the bus and Mom told me to go ahead, so that was that.

    A few years later, my Dad had come back into town after working overseas for two years, to let me my Mom know that he had gotten re-married. They dropped me off at the mall and I hung out there for a while. I called my house, but kept on getting a busy signal. After 30 or 45 minutes I called one of my younger brother's friends to drive me home, got there and didn't get any apologies or explanations as to why I was stranded at San Jacinto; but saw shirtless Dad nursing a gash in his shoulder and a box cutter on the kitchen table and Mom pretending to want to nurse the wound or something. I took my latest copy of George magazine into the bedroom, cranked up Prime Sports on the clock radio and didn't think anything of it.
    Point being, you're a kid in a dysfunctional/or morally questionable situation with people who are otherwise loving, well-liked by your friends, other parents or adults in general; you just ignore it and move on.
     
  12. ChumpCity

    ChumpCity Member

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    Yes, I believe they did turn him in....

    I think there was more to the fact that the sons did not speak to their mother for two years or whatever. She had to know, and they were probably pissed she knew and didn't let them in on the secret.

    I still do not buy her story. Her continued emphasis on telling the interviewer "I'm telling you the truth" makes me wonder. If I was telling my life story, I would not feel the need to emphasize to you over and over that I am being truthful.
     
  13. FlyerFanatic

    FlyerFanatic YOU BOYS LIKE MEXICO!?! YEEEHAAWW
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    she can't win either way, the public opinion is she knew all along, i mean she kept the books of the transactions and such right? no way she was sounding convincing no matter what.

    she gave up all that stuff they had, but they said she ended still keeping like 2.5 mill or something. wtf?
     
  14. SPF35

    SPF35 Member

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    yea that is what I don't understand. Is it true they moved some property under her name and now she still is a millionaire? How the hell are they living off of stollen goods
     
  15. The Real Shady

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    After the court ruling she was allowed to keep 2.5 million dollars.
     
  16. FlyerFanatic

    FlyerFanatic YOU BOYS LIKE MEXICO!?! YEEEHAAWW
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    granted she did say a lot of that is going to legal fees she has to pay. also the son is being sued by somebody for basically all he has. rough stuff..
     
  17. IBTL

    IBTL Member

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    good one
     
  18. Mr. Brightside

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    I don't think his wife or kids knew. His wife seemed clueless about financial affairs and the sons worked in a total separate part of the company. His son seemed quite believable in the interview if that means anything.
     
  19. updawg

    updawg Member

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    She knew

    Not sure about the sons but I think they did as well.
     
  20. CrazyDave

    CrazyDave Member

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    how would we know if they knew? It was unpleasant watching the millionaire son comparing himself to those his family had bilked out of so much money. It was unpleasant watching her try to get sympathy knowing how they had lived off of stolen money. That said, no one should have to bury their child, and the whole tale is pretty saddening.
     

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