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Rise and fall of America s biggest Ponzi conman Bernie Madoff

How plumber s son Bernie Madoff went from Wall St. demigod to Ponzi pariah after 2008 crash exposed his scam and saw him arrive at court in bullet-proof vest after ripping off the world s richest For decades, Bernie Madoff - a former chairman of the Nasdaq stock market - enjoyed an image as a self-made financial guru whose good fortune defied market fluctuations He attracted a devoted legion of investment clients from Florida retirees to the rich and famous including director Steven Spielberg, actor Kevin Bacon and former New York Mets owner Fred Wilpon But his investment advisory business was exposed in 2008 as a multibillion-dollar Ponzi scheme that eradicated people s fortunes - both rich and poor - and destroyed charities and foundations worldwide

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NYC mayor Bill DeBlasio branded a buffoon for saying Madoff s death not time to dance on graves

NYC mayor Bill De Blasio is branded a buffoon for saying it s not a time to dance on grave of Bernie Madoff following his prison death aged 82 Bernie Madoff, who died in prison aged 82 Wednesday, ran the biggest Ponzi scheme in US history, defrauding victims of $64billion Many of his 37,000 victims lost homes and life savings, and several committed suicide Both of his two sons who reported him to authorities died after his arrest - Mark of suicide in 2010, and Andrew of lymphoma in 2014 But De Blasio, whose second term ends in November, said it was not the time to dance on a grave

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Bernie Madoff victims included billionaires, celebrities and even retirees

How Bernie Madoff fooled the A-list with promise of double-digit returns: Ponzi schemer s celebrity victims include Steven Spielberg, Kevin Bacon, John Malkovich and New York Mets owner Fred Wilpon Bernie Madoff robbed 37,000 victims in 136 countries over the course of two decades before he was arrested back in 2008 His victims, large and small, included individuals, charities, pension funds and hedge funds Among those he betrayed were actors Kevin Bacon and John Malkovich; director Steven Spielberg and New York Mets owner Fred Wilpon Some victims, including those who could barely afford to invest in the first place, lost their entire life savings and several later committed suicide as a result

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Аферист века Умер создатель крупнейшей финансовой пирамиды в мире

Аферист века Умер создатель крупнейшей финансовой пирамиды в мире
bigmir.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bigmir.net Daily Mail and Mail on Sunday newspapers.

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Аферист сторіччя Помер творець найбільшої фінансової піраміди у світі

Аферист сторіччя Помер творець найбільшої фінансової піраміди у світі
korrespondent.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from korrespondent.net Daily Mail and Mail on Sunday newspapers.

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