Page 20 - ரூத் மடோஃப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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

New yorkUnited statesUnited kingdomNew jerseyNorth carolinaProvence alpes côd azurBrooklyn law schoolPalm beachRuth alpernZsa gaborRuth madoffDenny chinNicola horlickDavid friehlingKevin baconBernard madoff