Bernie Madoff, U.S. Biggest Ponzi Schemer, Has Died at 82 in Prison
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The disgraced financier who was sentenced to prison for conning his wealthy clients out of billions of dollars, has passed away at the age of 82 in a North Carolina jail. Apr 15, 2021
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Bernie Madoff, the disgraced financier who was convicted for conning investors out of billions of dollars, has died in prison at age 82.
Madoff died on Wednesday (14Apr21) at the Federal Medical Center in Butner, North Carolina, announced the Bureau of Prisons. The spokesperson said he died of natural causes and it is not believed to be COVID-19 related.
Bernie Madoff, Wall Street financier whose fund delivered high returns but was exposed as a colossal fraud – obituary
A judge branded Madoff’s Ponzi scheme ‘extraordinarily evil’ and the sums of money that passed through the fraudster’s hands ‘off the scale’
Madoff: Ponzi scheme
Bernard Madoff, who has died in prison aged 82, was a prominent New York financier who committed what is believed to be the world’s largest fraud, having built up a multi-billion dollar fund-management business that was, in his own words, “one big lie”.
What was most shocking about “Bernie” Madoff’s crime was that it was committed – blatantly, methodically and over many years – by a man of considerable standing on Wall Street, a prominent member of the Jewish communities of New York and Florida, and a noted philanthropist. Between 1991 and 2008, investors entrusted this pillar of his society with more than $50 billion of their savings and he provided them with consistently h
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