# Guest Claims $864 Million Loss in Bernie Madoff Ponzi Scheme - Original post: https://www.twitter.com/i/status/2069522048460722564 - Source account: [@JOKAQARMY1](https://x.com/JOKAQARMY1) - Source language: English - Duration: 3:00 - Published: 2026-06-24 - Canonical URL: https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme ## Transcript [0:00](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme) We know Oliver Tree died, but have you fucking seen this video? [0:04](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=4) You're this anonymous person, dude? I'm- this is a trip. [0:06](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=6) And I don't know if this is crazy, but- What did you hear? [0:08](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=8) Seventeen million in one month? Are you laughing? Is it more than that? Oh, shit. [0:14](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=14) Bro, that's literally- That's what we do in a week off the merch drops. [0:19](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=19) Whoa. Whoa. S- whoa. Seventeen milli a week is what you're making? [0:25](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=25) No, that was at my peak, bro. Oh, oh, oh, oh. [0:28](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=28) That was at my peak. But where did all the cash go? [0:35](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=35) I don't... re- really want to talk about it. [0:37](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=37) That's fine, man. We did a thing. Are you familiar with... [0:41](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=41) Bernie Madoff? No. So, he's a financial advisor. [0:45](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=45) What's his name? Bernie... Yeah. Madoff. [0:49](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=49) Bernie Madoff. Look him up. Okay. It's a pretty famous story. [0:51](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=51) Bring him a picture for the audience, Joe, if you can, so we can see who it is. [0:54](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=54) Bernie Madoff. So I started working with this through my aunt. [0:58](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=58) She lives in Florida. Okay. And she connected me to Madoff. [1:03](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=63) Right. And so, he was doing all my financial advising. [1:06](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=66) And... There was a brief stint where... Oh, no. [1:09](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=69) I don't like where this is going. Basically, I just... [1:13](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=73) During the... My pinnacle... We were making close... [1:17](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=77) You know... Seventy-two... Million. Seventy-two million what? [1:21](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=81) A month. A month! Wow. Seventy-two million dollars a month you were making. [1:28](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=88) Whistle. No, what is the math then? How much is that? [1:32](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=92) It's eight hundred sixty-four million a year. [1:35](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=95) Eight hundred sixty-four million a year. [1:37](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=97) You're making... Seventy-two million a month. [1:40](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=100) Mm-hmm. Eight hundred and sixty-four million for the year. [1:45](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=105) Damn. Yeah. Can you just talk... I don't really want to talk about what happened with Madoff, but I'm getting... [1:50](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=110) That's fine. I'm getting a little worked up here. [1:52](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=112) But if you want to just share a little bit about what happened with that situation. [1:55](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=115) I think he went to prison. He went to jail. [1:58](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=118) Yeah. For what? Uh, for... Don't tell me some weirdo shit. [2:02](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=122) What did he do? I think just embezzlement or something. [2:06](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=126) Financial embezzlement? Oh, so you... Oh no, a big Ponzi scheme, I guess. [2:08](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=128) Oh my God, dude. So would you think... It was all gone. [2:11](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=131) You lost all your fortune to him? Everything, yeah. [2:14](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=134) How much did he say? He was using my money to pay off other people. [2:18](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=138) You know what they say? They say Robin Peter to pay Paul. [2:20](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=140) Mm. That's the old phrase. That was the whole fucking scheme. [2:27](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=147) Robin Peter... It looked like that they're making their money back. [2:30](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=150) But there was some of the bigger fishers such as myself and some of my associates. [2:35](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=155) And... So because of Mr. Madoff, you lost $800 million? [2:39](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=159) It says here his Ponzi scheme involved a total fraud of nearly $65 billion. [2:44](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=164) Yeah. And the largest from a single anonymous person around $864 million. [2:51](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=171) You're this anonymous person, dude? I'm... [2:53](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=173) This is a trip. I never knew that. I don't know. [2:56](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=176) Can we just talk about this? Yeah. No, we can move on. [2:57](https://www.translate.mom/transcript/vo0MpmcYvKCX/en/guest-claims-864-million-loss-in-bernie-madoff-ponzi-scheme?t=177) I'm sorry about that.