Today marks the fifth anniversary of the arrest of Bernie Madoff and the day when his decades-long, $60 billion Ponzi scheme finally collapsed. The Madoff trial has long since concluded, and he is currently serving out a 150-year prison sentence. But the effects of his deeds continue to be felt across the U.S., while the authorities continue to pursue justice for Madoff’s victims. In other words, the story has continued to develop in the years since the public’s attention has shifted away from the Madoff saga. Here are five things you may not know about the biggest financial scam in history: More in Time Magazine here.
