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MONEYWEB app instead? His death, ‘believed to be from natural causes,’ was reported by the Associated Press. By Laurence Arnold, Bloomberg 14 Apr 2021  16:18  Image: Mario Tama/Getty Images Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than $19 billion in history’s largest Ponzi scheme, has died. He was 82. His death, “believed to be from natural causes,” was reported by the Associated Press. Madoff’s home since July 2009 was the Butner Federal Correctional Complex in Butner, North Carolina, where he was serving a 150-year term. He requested compassionate early release, citing end-stage kidney disease, in February 2020.

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