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Bernie Madoff died after carrying out the largest Ponzi scheme in history - here s how it worked
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On Wednesday, Bernie Madoff died of natural causes in federal prison, according to the Associated Press.
In 2009, he was sentenced to 150 years in prison for running the largest Ponzi scheme in history.
Here s how Madoff conned his investors out of $65 billion and went undetected for decades.
On Wednesday, Bernie Madoff died in federal prison, according to a report from the Associated Press. The 82-year-old, who is believed to have died from natural causes, carried out one of the biggest fraudulent schemes in US history before he landed in prison.
On Wednesday, Bernie Madoff died of natural causes in federal prison, according to the Associated Press.
In 2009, he was sentenced to 150 years in prison for running the largest Ponzi scheme in history.
Here s how Madoff conned his investors out of $65 billion and went undetected for decades.
On Wednesday, Bernie Madoff died in federal prison, according to a report from the Associated Press. The 82-year-old, who is believed to have died from natural causes, carried out one of the biggest fraudulent schemes in US history before he landed in prison.
In 2009, Madoff was sentenced to 150 years in prison for running a pyramid scheme so all-encompassing that even today, only a few of his victims have regained all of their losses. As of 2020, the US Department of Justice had returned about $3.2 billion to individuals that had been conned by Madoff.
The Biggest Money Scams of All Time gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.