ABC is debuting a miniseries based on the man who pulled off one of the greatest cons in history Wednesday (Feb. 3) and Thursday (Feb. 4). In "Madoff," Richard Dreyfuss stars as Bernie Madoff, the man behind the Ponzi scheme that is considered to be the largest financial scam in United States history.
Madoff, who lost billions of dollars for clients around the world, including philanthropic foundations, celebrities and retirement portfolios, dominated headlines in 2008-2009. The miniseries explores the complicated family dynamics between Madoff, his wife Ruth (Blythe Danner) and other family members, plus it examines the motivations and mechanics behind the fraud.
In Zap2it's exclusive sneak peek of the miniseries, Madoff meets with members of the Securities and Exchange Commission. "This was going to be more than just a formality. The SEC wasn't going to let this investigation go so easily," says Madoff in a voice over.
"I know that I am guilty. I never registered as an investment adviser," he tells the SEC investigators. "You name the penalties and I will pay them."
But they want his DTC number -- Depository Trust Company, an organization responsible for holding trillions of dollars' worth of securities -- and Madoff doesn't have one. So he makes one up.
"They can just call up DTC and ask for a statement. And if I made up a fake account number, they'd find out the moment they called," says Madoff in voice over as he gives them a fake number. "With those four numbers, I'd given them the doomsday code. One call and I am dead."