Bernie Madoff, Financier Who Pleaded Guilty to Largest Ponzi Scheme in History, Dies at 82
Hilary Lewis
Financier Bernard Madoff leaves Manhattan Federal court March 10, 2009 in New York City.
Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died in a federal prison early Wednesday. He was 82.
Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons.
Last year, Madoff’s lawyers filed court papers to try to get him released from prison in the coronavirus pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions. The request was denied.