Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Bernie Madoff Says TV Show Riddled With Errors — Denies Hadassah Affair

Bernard Madoff accused the ABC television network of mischaracterizing his life and his criminal Ponzi scheme in a mini-series aired earlier this month.

In a letter to network rival NBC, Madoff wrote: “I’m sure it is fruitless to enumerate the numerous fiction and absurd mischaracterization (sic) in the ABC movie. However I have never been one to turn the other cheek. I will just cover those incidents that have drawn queries.”

Madoff, 77, pleaded guilty in 2009 to defrauding investors of tens of billions of dollars in a wildly successful Ponzi scheme, considered the largest financial crime in U.S. history. Many of his victims were Jewish and Israel-related philanthropies, as well as individual American Jews. He is currently serving a 150-year sentence in federal prison in North Carolina.

In his letter, Madoff, who reportedly saw the mini-series titled “Madoff,” which stars Richard Dreyfuss, asserted first that “I have NEVER slapped my son Mark.”

He also clarified that his wife, Ruth, was never “an officer” in his firm, and objected to the characterization of his brother, Peter, as a “pathetic soul.” He also denied having an affair with the chief financial officer of a Jewish charity harmed by the scheme and called her a “stalker.”

He pointed out that his father was the president of his Queens temple and that his parents were highly regarded in the community.

He expressed contrition about his crime in the letter. “Yes I made a disasterous (sic) business mistake that caused unforgiveable (sic) pain to my family, friends and clients, and will continue to do everything in my power to recover their lost investment principal,” he wrote.

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning journalism this Passover.

In this age of misinformation, our work is needed like never before. We report on the news that matters most to American Jews, driven by truth, not ideology.

At a time when newsrooms are closing or cutting back, the Forward has removed its paywall. That means for the first time in our 126-year history, Forward journalism is free to everyone, everywhere. With an ongoing war, rising antisemitism, and a flood of disinformation that may affect the upcoming election, we believe that free and open access to Jewish journalism is imperative.

Readers like you make it all possible. Right now, we’re in the middle of our Passover Pledge Drive and we still need 300 people to step up and make a gift to sustain our trustworthy, independent journalism.

Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly. 

— Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Only 300 more gifts needed by April 30

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.