Bernie Madoff, whose Ponzi scheme affected New York Mets, dies at 82
Cornell University graduate
NEW YORK Bernie Madoff, whose Ponzi scheme led to the former New York Mets owners being embroiled in a $1 billion lawsuit, has died in prison at age 82.
Madoff burned thousands of investors, outfoxed regulators and received a 150-year prison term. He died of natural causes at the Federal Medical Center in Butner, North Carolina.
Among his victims were director Steven Spielberg, actor Kevin Bacon and Nobel Peace Prize winner and Holocaust survivor Elie Wiesel. But he had ties to sports figures as well. Hall of Fame pitcher Sandy Koufax was a client. And former Mets owners Fred Wilpon, Jeff Wilpon and Saul Katz were major investors. Their involvement changed the trajectory of the franchise.