That is what is being reported.
Since the Bernard Madoff scandal broke in December, two overarching questions have been raised. What if anything did other family members know about the Ponzi scheme? And when did it begin—was he a legitimate investor who ran into trouble or was it all a ruse from the beginning? Now, key players I spoke to in the multipronged investigation into the Madoff scheme say they are beginning to piece together answers to those questions.
While she has not been charged with any wrongdoing, authorities now believe Ruth Madoff, Bernard’s wife of almost half a century, played a larger role than previously thought. Until now, the assumption has been—as Madoff himself told FBI agents—that his investment-advisory business was separate from other, legitimate Madoff businesses; it was housed on a different floor and operated, he has said, without knowledge of others in his family.
I do believe before it is over with, that whole family is going to end up in jail.
