Bernie Madoff’s Staten Island legacy: Lost life savings, deception and outrage
Updated Apr 15, 2021;
Posted Apr 15, 2021
In this March 10, 2009, file photo, former financier Bernie Madoff leaves federal court in Manhattan. 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.David Karp | AP Photo
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STATEN ISLAND, N.Y. Bernie Madoff, the architect of perhaps the most infamous Ponzi scheme in history, financially wrecked thousands of investors before being sentenced to a 150-year prison term including some Staten Islanders who lost their life savings to the disgraced financier.