Excess Returns

Inside the Madoff Scandal with Madoff Trader and Investor Andrew Cohen


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With the recent release of the Netflix documentary "Madoff: The Monster of Wall Street," many of us have been learning more of the details behind the scandal. 

This week, are are joined by Andrew Cohen, who participated in the documentary and was both a trader on the legitimate side of Madoff's business and a victim of the Ponzi scheme. Andrew gives us a inside look at what it was like to work in the Madoff organization and takes us through the timeline of events from when he started there to when the Ponzi scheme was uncovered. We also talk about his biggest personal lessons from the experience and what he thinks other investors can learn from it. 

We hope you enjoy the discussion. 

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