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Interview: Madoff Sons Say Mom Knew Everything

Bernard MadoffBankruptcyWPIX

NEW YORK (WPIX) -- Bernard Madoff's two sons are speaking out about their father, who was convicted of scamming investors out of billions of dollars in a massive Ponzi scheme.

In an interview with Vanity Fair, Andrew and Mark Madoff said they felt betrayed by the father "they were always trying to please but never could." They said their mother, Ruth, was aware of the scheme their father was carrying out. The Madoff brothers said they refuse to contact their mother, and think she was an enabler in the scheme that forever ties the family to the country's largest financial fraud case.

Andrew, 42, told the magazine he had a huge meltdown in his parents' luxurious East Side duplex on Dec. 10, when Bernard Madoff leveled with his sons. He said he got down on the floor and wept after his father confessed he had scammed investors out of $65 billion. Andrew said that was the last time his spoke with his father.

Mark said he was enraged when his father admitted what he had done. The Madoff brothers could lose their fortunes if a bankruptcy trustee goes after their assets.

Also revealed in the Vanity Fair interview, Andrew admits that he's ashamed of his name and now makes dinner reservations under his fiancee's name. He said his estranged wife, Deborah, orders groceries from FreshDirect using her maiden name.

Bernard Madoff, 71, pleaded guilty in March to the now infamous fraud scheme and is jailed in lower Manhattan. He's scheduled to be sentenced June 29. Madoff faces 150 years in prison.

The July issue of Vanity Fair is now on newsstands.

Copyright © 2014, The Baltimore Sun
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