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7 of the biggest corporate scandals

From Bernie Madoff to Volkswagen, here are some of the most outrageous white-collar crimes and corporate scandals of recent times.

Bernie Madoff's ponzi scheme

corporate scandals Bernie Madoff
  • Estimated losses: $20 billion

Bernie Madoff robbed thousands of investors of $20 billion through the most notorious Ponzi scheme in history.

He pleaded guilty to charges of fraud, and was sentenced to 150 years in federal prison.

His son Mark hanged himself in 2010, on the second anniversary of his father's arrest. Madoff blamed himself for his son's death.

Five things you didn't know about Bernie Madoff's epic scam

  @ivanakottasova - Last updated October 14 2015 12:23 PM ET

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