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The Believers: How America Fell For Bernard Madoff's $65 Billion Investment Scam

Adam LeBor

2 Reviews

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Biography: business & industry, Prose: non-fiction, Business & management

How America fell for financier Bernie Madoff's $65 billion investment scam.

It was luxurious Palm Beach, by the manicured lawns and Olympic-sized swimming pool, that financier Bernard Madoff ravaged the world of philanthropy and high society he had strived so hard to join, vaporising the assets of charities, foundations and individuals that had trusted him with their funds.

It seems nothing was sacrosanct to Madoff, possibly the greatest con-man in history. Even Elie Wiesel's foundation has lost tens of millions. But Wiesel was hardly alone in trusting the rogue financier. How could some of the most sophisticated and worldly people in America fall victim to a collective delusion for year after year?

THE BELIEVERS answers these unsettling questions. It opens up the clubbish world where Madoff operated, tracing the links from Palm Beach and The Hamptons to the salons and clubs of Manhattan society.

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Praise for The Believers: How America Fell For Bernard Madoff's $65 Billion Investment Scam

  • 'Adam Le Bor kicks over the carnage to discover how so many intelligent, independently wealthy people were duped into losing their entire fortunes. In a word: incredible.' - The Townsville Bulletin

  • Part financial scandal, part Greek tragedy. - Dubbo Photo News

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Adam LeBor

Adam LeBor is a veteran foreign correspondent who has covered Hungary and Eastern Europe since 1990. He is the author of thirteen books and writes for the Economist, Financial Times and Monocle. He divides his time between Budapest and London.

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