In the minute-long clip, the man behind the massive Ponzi scheme, played by Richard Dreyfuss, is shown making deals as he narrates: "You want to know how to get people to trust you with their money? You present it as an exclusive thing. Nothing on Earth makes people want something more than telling them they can't have it."
After a few fast-paced New York cityscapes and shots of Madoff living the good life, things start to unravel as the truth comes out: "Madoff Securities is the world's largest Ponzi scheme," a voiceover explains.
Viewers then see a series of clips of Madoff telling his family about the fraud, saying someone turned him in, and shots of the media frenzy and the Madoff family fighting.
The ABC miniseries, which begins on Feb. 3, is one of two TV projects about the high-profile financial scandal. ABC's miniseries is inspired by the book, The Madoff Chronicles, written by ABC News chief investigative correspondent Brian Ross. The trailer promises that the miniseries will tell the "whole story" behind the name and scandal people know.
HBO also has a Madoff project in the works, with its Barry Levinson-directed Wizard of Lies movie about the Ponzi scheme. HBO's Madoff is being played by Robert De Niro, with Michelle Pfeiffer as his wife, Ruth. That project is based on the book of the same name and Laurie Sandell's Truth and Consequence.