Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in a federal prison, a person familiar with the matter told The Associated Press on Wednesday.
AP source: Ponzi schemer Bernie Madoff dies in prison
FILE - In this March 10, 2009, file photo, former financier Bernie Madoff leaves federal court in Manhattan, in New York. Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in prison, a person familiar with the matter tells The Associated Press. (AP Photo/David Karp, File)
Published April 14. 2021 10:03AM | Updated April 14. 2021 10:04AM
By MICHAEL BALSAMO and TOM HAYS
NEW YORK (AP) Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died in a federal prison early Wednesday, a person familiar with the matter told The Associated Press.
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.
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Ponzi schemer Bernie Madoff dies in prison at 82
Bernie Madoff dies at 82 By MICHAEL BALSAMO | April 14, 2021 at 8:28 AM CDT - Updated April 14 at 10:57 AM
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.
Last year, Madoff’s lawyers unsuccessfully asked a court to release him from prison during the coronavirus pandemic, saying he suffered from end-stage renal disease and other chronic medical conditions.