When I first heard about this show, I could have sworn I had heard something about it before, only with another star attached to it and not Virginia Madsen. Turns out there was another version of 'Scoundrels' that ABC attempted, a couple of years ago, only it had Catherine O'Hara in the lead role and it was called 'Good Behavior.'
'Scoundrels' is based on a New Zealand show, 'Outrageous Fortune,' and Madsen will star as the mother/head of a family of crooks who decides that they all need to go straight after the dad is put in prison. I'm going to assume that things don't go smoothly and their criminal pasts will catch up to them in some way. But this sounds like it could be a fun show, sort of like 'The Riches' and maybe a hint of the USA show 'Cover Me' (which I really liked - it was canceled way too early).
This won't be a permanent series though. Right now it's going to be an eight episode summer show.