Accessibility links
Madoff Victim Says She Lost All Her Savings Many of Bernard Madoff's victims were in court Thursday to watch him plead guilty and go to jail. One of those present was Ronnie Sue Ambrosino. She and her husband lost their life savings of $1.66 million in Madoff's Ponzi scheme.
Special Series

The Madoff Investment Scandal

The case raised questions about why federal regulators didn't heed warning signs earlier.

Madoff Victim Says She Lost All Her Savings

Heard on All Things Considered

Madoff Victim Says She Lost All Her Savings

Listen
  • Download
  • <iframe src="https://www.npr.org/player/embed/101823851/101823836" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Ronnie Sue Ambrosino of Delray Beach, Calif., was one of Bernard Madoff's victims.

She and her husband lost their life savings of $1.66 million in Madoff's Ponzi scheme.

Ambrosino had been investing with Madoff for 28 years.

"That money was my nest egg," she says. "That money was letting me live my lifestyle of financial security."

Special Series

The Madoff Investment Scandal

The case raised questions about why federal regulators didn't heed warning signs earlier.