The Wizard of Lies – HBO

The Wizard of Lies – Account of financier Bernie Madoff’s orchestration of one of the largest frauds in U.S. history that led to financial ruin for thousands of investors and, in the process, his own family’s destruction.

Q-tips say: We did enjoy it. Yes, another movie about Madoff but this movie shows how his actions directly effected his own family. As you might know, their sons did work for him. This movie shows what a low-life he really was. Mrs. Q says: This movie not only shows how he scammed his investors and they lost their money but his sons and wife were also affected financially & shows their emotional losses..  Mrs. Q asks:  Did you think the family members also knew about the “Ponzi Scheme”  or were the family innocent of his deals?(similar to a pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers. For both Ponzi schemes and pyramid schemes, eventually there isn’t enough money to go around, and the schemes unravel)

pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers. For both Ponzi schemes and pyramid schemes, eventually there isn’t enough money to go around, and the schemes unravel.