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Read CNN Business last interview with Madoff CNN 1 hr ago By Aaron Smith, CNN Business © Jin Lee/Bloomberg/Getty Images Bernard Madoff, founder of Bernard L. Madoff Investment Securities LLC, leaves federal court in New York, U.S., on Tuesday, March 10, 2009. Madoff, 70, will plead guilty on March 12 that he directed a fraud that totaled as much as $64.8 billion, the largest Ponzi scheme in U.S. history, his lawyer Ira Sorkin said in a court hearing today. Madoff, free on $10 million bail, faces life imprisonment. (Photo by Jin Lee/Bloomberg via Getty Images) Editor s note: This story was originally published on May 16, 2013 and has been updated with Madoff s death.

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