Who was Bernie Madoff’s wife? All about Ruth Madoff and sons following financier’s death
Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died aged 82. His death was announced by the Bureau of Prisons.
The disgraced financier was married to Ruth Madoff, who was never charged in the case, and the couple had two children together.
Following the news of Bernie Madoff’s death, Mayor Bill de Blasio said:
“The day someone passes is not a time to dance on a grave but let’s just be honest, many many people were hurt by his actions and it’s time to hopefully turn the page and move forward.”
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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.
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David Karp/The Associated Press
Bernard Madoff, who was convicted for running the largest known Ponzi scheme in history, died on Wednesday in prison where he was serving a 150-year sentence, the Federal Bureau of Prisons said. He was 82.
Madoff for decades presented himself as a successful and trusted Wall Street kingpin while secretly engaging in investment fraud, prompting his sentencing judge to condemn his crimes as “extraordinarily evil.”