Bernie Madoff, who defrauded investors of billions, has died in prison
By The Associated PressUpdated April 14, 2021, 9:30 a.m.
Email to a Friend
Bernie Madoff in 2009.BLOOMBERG NEWS
NEW YORK (AP) â Bernie Madoff, the financier who pleaded guilty to orchestrating a massive Ponzi scheme, died in a federal prison early Wednesday, a person familiar with the matter told The Associated Press. He was 82.
Madoff died at the Federal Medical Center in Butner, North Carolina, apparently from natural causes, the person said. The person was not authorized to speak publicly and spoke to the AP on the condition of anonymity.
Last year, Madoffâs 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.
Advertisement
New York: Bernie Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, has died in a federal prison. He was 82.
Madoff’s lawyer and the Bureau of Prisons confirmed that Madoff died at the Federal Medical Centre in Butner, North Carolina, on Wednesday, local time.
Bernard Madoff, who defrauded investors of more than $US19 billion in history’s biggest Ponzi scheme, has died.
Credit:AP
Last year, Madoff’s lawyers filed court papers to try to get him released from prison in the COVID-19 pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions. The request was denied.
Five things you didn t know about Bernie Madoff s epic scam kitv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitv.com Daily Mail and Mail on Sunday newspapers.
Apr 14, 2021
FILE - Bernard Madoff exits Manhattan federal court, Tuesday, March 10, 2009, in New York. Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died early Wednesday, April 14, 2021, in a federal prison, a person familiar with the matter told The Associated Press. (AP Photo/ Louis Lanzano, File)
By MICHAEL BALSAMO and TOM HAYS Associated Press
NEW YORK (AP) 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 behind bars 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.
Ponzi schemer Bernard Madoff dies in prison at 82
Disgraced American Jewish financier was serving 150 years for engineering one of biggest frauds in history, estimated as high as $64.8 billion, scamming thousands of victims including Elie Wiesel and Sandy Koufax
Reuters |
Published: 04.14.21 , 17:57
Bernard Madoff, who was convicted for running the largest known Ponzi scheme in history, died on Wednesday in federal prison where he was serving a 150-year sentence, the Bureau of Prisons said. He was 82.
Madoff had been suffering from chronic kidney failure and several other medical ailments.
4 צפייה בגלריה
(Photo: AP)
He had been held at a federal prison in Butner, North Carolina, after being sentenced in June 2009 to a 150-year term for engineering a fraud estimated as high as $64.8 billion.