The World’s Biggest Real Estate Scammer: Bernie Madoff’s Unmatched Ponzi Scheme
Bernie Madoff orchestrated the largest Ponzi scheme in history, defrauding investors of an estimated $65 billion. While primarily a securities fraud, his scam significantly impacted real estate investments, causing substantial losses and shaking the financial world. Madoff’s deception highlights the far-reaching consequences of financial fraud on various sectors, including real estate.