Bernie Madoff victims speak out — Transcript
Full transcript
- 0:05SURE THING.
- 0:05FELICIA: TONIGHT, TERRI PARKER
- 0:06TALKS TO SOME LOCAL VICTIMS WHO
- 0:07LOST IT ALL AND FIND OUT HOW ONE
- 0:08HAS MOVED ON, AND ANOTHER IS
- 0:11STILL FIGHTING FOR JUSTICE.
- 0:12YOU KNOW WHAT THE CAMERA DID
- 0:12FOR ME?
- 0:13IT MADE ME AWARE OF THE BEAUTY
- 0:14THAT MOST OF US FORGET AND DON'T
- 0:18SEE.
- 0:22TERRI: NEIL FRIEDMAN HAS STARTED
- 0:26A NEW CAREER.
- 0:27EVEN THOUGH HE IS 81-YEARS-OLD,
- 0:28FRIEDMAN IS TRYING TO MAKE HIS
- 0:28PHOTOGRAPHY BUSINESS BRING IN A
- 0:29LITTLE MONEY AFTER HE LOST A
- 0:30LIFETIME'S WORTH OF SAVINGS TO
- 0:31BERNIE MADOFF.
- 0:34WHAT DO YOU DO?
- 0:35I DON'T WANT TO HOLD UP A BANK,
- 0:38I DON'T WANT TO END MY LIFE.
- 0:39TERRI: FRIEDMAN WASN'T RICH, BUT
- 0:40THROUGH DECADES OF RUNNING AN
- 0:41INSURANCE BUSINESS, HE SCRAPED
- 0:42TOGETHER ENOUGH TO INVEST WITH
- 0:42MADOFF.
- 0:43AND OVER THE YEARS IT GREW UNTIL
- 0:46ONE DAY, IT DISAPPEARED.
- 0:47TO THE POINT WE LOST OVER $4
- 0:51MILLION.
- 0:52TERRI: FRIEDMAN AND HIS WIFE
- 0:53WERE ALREADY RETIRED, LEFT WITH
- 0:54NOTHING BUT SOCIAL SECURITY AND
- 0:55DASHED DREAMS OF A SECURE
- 0:57FUTURE.
- 0:58CONNIE NEVER GOT OVER IT WHEN
- 0:59SHE LEARNED ABOUT IT.
- 1:00ALL SHE COULD THINK ABOUT WAS
- 1:03BEING POOR AGAIN, SO SHE DIED 4
- 1:064 YEARS AGO.
- 1:07TERRI: ALONE AND BROKE, HE TRIED
- 1:08TO SELL NOTE CARDS AND PUT A
- 1:08REVERSE MORTGAGE ON HIS HOUSE,
- 1:09AND PEOPLE DID OFFER TO HELP,
- 1:10MAKING FRIEDMAN EMOTIONAL TO
- 1:13REMEMBER.
- 1:17IT WAS -- VERY HUMBLING.
- 1:18TERRI: FRIEDMAN, ONE OF HUNDREDS
- 1:19OF SOUTH FLORIDA VICTIMS
- 1:21STRUGGLING AFTER LOSING THEIR
- 1:22SAVINGS WITH MADOFF.
- 1:23RONNIE SUE AMBROSINO AND HER
- 1:24HUSBAND LOST $1.5 MILLION, THEIR
- 1:26ENTIRE RETIREMENT PLAN.
- 1:30WE SAVED, WE WORKED, WE
- 1:34THOUGHT WE HAD A BROKER WHO WAS
- 1:35JUST MAYBE A LITTLE SMARTER THAN
- 1:37OTHERS.
- 1:38TERRI: BUT SHE BLAMES THE
- 1:39GOVERNMENT FOR NOT PAYING THE
- 1:40VICTIMS BACK WHEN THEY WERE
- 1:41SUPPOSED TO BE INSURED FOR UP TO
- 1:42$500,000 BY A GOVERNMENT BACKED
- 1:45FUND.
- 1:48I SEE A SYSTEM THAT'S BROKEN.
- 1:49I SEE REGULATORY AGENCIES THAT
- 1:52ARE CORRUPT.
- 1:53TERRI: AMBROSINO HAS BEEN
- 1:54WORKING TO EXPOSE WHAT SHE CALLS
- 1:57A CORRUPT SYSTEM SINCE THE
- 1:58MADOFF SCHEME IMPLODED.
- 2:04SHE AND HER HUSBAND WERE
- 2:05INTERVIEWED FOR THE ABC
- 2:05DOCUDRAMA.
- 2:06SHE SAYS SHE'LL KEEP TRYING TO
- 2:07TELL PEOPLE WHAT REALLY
- 2:10HAPPENED.
- 2:11LET US GET JUSTICE FOR THE
- 2:12PEOPLE WHO WERE RAPED BY MADOFF.
- 2:16I KNOW THAT'S NOT A GREAT WORD
- 2:17BUT IT'S THE STRONGEST I CAN
- 2:19SAY.
- 2:20TERRI: MEANTIME, FOR FRIEDMAN,
- 2:21LIFE HAS TAKEN A HAPPY TURN.
- 2:23WELL, I WAS LUCKY, I MET THIS
- 2:24YOUNG LADY IN THE GYM AND I GOT
- 2:27THE NERVE UP TO ASK HER TO GO
- 2:27%-
- 2:30OUT WITH ME.
- 2:31TERRI: LOVE ON THE TREADMILL SHE
- 2:32SAID YES, AND MONTHS LATER,
- 2:33FRIEDMAN AND JOANNE GEORGE
- 2:40MARRIED.
- 2:41DO YOU THINK I SHOULD GIVE
- 2:42YOU YOUR BIRTHDAY PRESENT NOW
- 2:46RATHER THAN NEXT MONTH?
- 2:47I THINK YOU SHOULD WAIT 'TIL
- 2:50MY ACTUAL BIRTHDAY.
- 2:51TERRI: AND FRIEDMAN SAYS HE
- 2:52DOESN'T WORRY BOUT BERNIE
- 2:55MADOFF MUCH ANYMORE.
- 2:56IF I SIT AND THINK ABOUT HIM,
- 2:57THEN I'M GOING TO GET SICK AND I
- 2:59DON'T WANT THAT TO HAPPEN.
- 3:00TERRI: 77-YEAR-OLD MADOFF IS
- 3:06SERVING A 150 YEAR SENTENCE AT A
- 3:07FEDERAL PRISON WHERE HE HAS A
- 3:08JOB MAKING $40 A MONTH DOING
- 3:08SLIGHT JANITORIAL WORK.
- 3:09MADOFF'S WIFE RUTH NO LONGER
- 3:10VISITS HIM ONE SON COMMITTED
- 3:11SUICIDE, ANOTHER DIED OF LUNG
- 3:12CANCER AND WHILE MADOFF'S LAWYER
- 3:15SAYS HE IS HAUNTED BY HIS SON'S
- 3:16SUICIDE, HE HAS LITTLE REMORSE
- 3:19OVER THE 20,000 PEOPLE HE
About this transcript
This page contains the full transcript of Bernie Madoff victims speak out by WPBF 25 News, generated from the public captions YouTube serves with the video. The transcript has 555 words across 117 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.
What you can do with it
Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to translate the transcript into 100+ languages.
Free YouTube transcript tool
YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, translation to 100+ languages, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.