Ponzi schemer Bernie Madoff dies in federal prison: AP source
Published: April 14, 2021
FILE - Bernard Madoff leaves U.S. District Court in Manhattan after a bail hearing in 2009. The disgraced financier died April 14, 2021, in a federal prison, a source told The Associated Press. (AP Photo/Kathy Willens, File)
NEW YORK 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.
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.
Bernie Madoff, mastermind of giant Ponzi scheme, dies in prison at 82
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In this March 10, 2009, file photo, former financier Bernie Madoff leaves federal court in Manhattan, in New York. (AP Photo/David Karp, File)
NEW YORK (AP) 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.
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, Madoff’s lawyers filed court papers to try to get the 82-year-old 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.
Bernie Madoff
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, Madoff s 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.
Bernie Madoff, infamous Ponzi schemer, dead at 82
14 Apr, 2021 06:15 PM
8 minutes to read
Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died in jail. Video / AP
Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died in jail. Video / AP
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By: Michael Balsalmo and Tom Hays
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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