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Bernard Madoff: the inside story of an obsessive control freak who fooled the world

Reality finally caught up withÂ Bernie MadoffÂ on December 11, 2008. Arrested at the $7m Manhattan penthouse he shared with his wife, Ruth, the man who had run a decade long pyramid scheme made an emotional confession to his sons that âitâs all just one big lieâ. Securities and Exchange Commission investigators spoke of âa stunning fraud that appears to be of epic proportionsâ. Their suspicions proved correct. Madoffâs white-collar crime was the largest-ever Ponzi scheme in history. By its end, Madoff had effectively stolen $17.5bn (Â£11.4bn) from more than 4,000 account holders with Bernard L. Madoff Investment Securities (BLMIS), as well as from thousands more third-party investors exposed through feeder funds.

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Bernie Madoff, mastermind of giant Ponzi scheme, dies at 82

Bernie Madoff, mastermind of giant Ponzi scheme, dies at 82 The Manhattan investment adviser defrauded his A-list clients of more than $19 billion. April 14, 2021 8 MINS 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 was confirmed by the New York law firm of Brandon Sample, Madoff’s attorney. 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.

New yorkUnited statesNorth carolinaProvence alpes côd azurLong islandFrench rivieraFrance generalNew york stock exchangeBrooklyn law schoolPalm beachHofstra universityDianab henriquesRuth alpernSylvia muntnerRuth madoffDavid friehling

Bernard Madoff, mastermind of giant ponzi scheme, dies at 82

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 historyâs largest Ponzi scheme, has died. He was 82. His death, âbelieved to be from natural causes,â was reported by the Associated Press. Madoffâs 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.

New yorkUnited statesNorth carolinaProvence alpes côd azurLong islandFrench rivieraFrance generalNew york stock exchangeBrooklyn law schoolPalm beachHofstra universityDianab henriquesRuth alpernSylvia muntnerRuth madoffDavid friehling

Bernard Madoff, mastermind of giant Ponzi scheme, dies at 82

Bernard Madoff, mastermind of giant Ponzi scheme, dies at 82
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Carl Shapiro, Boston philanthropist and one of Madoff s biggest investors, dies at 108

The onetime “cotton king” of New York City’s garment district forfeited more than half a billion dollars in the aftermath of Bernard Madoff’s Ponzi scheme.

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