BusinessWorld
April 15, 2021 | 7:06 pm
Bernard Madoff is escorted in a vehicle from Federal Court in New York Jan. 5, 2009. REUTERS
NEW YORK Bernard Madoff, who for decades masqueraded as a successful and trustworthy Wall Street kingpin before admitting to running the largest known Ponzi scheme in history, died on Wednesday in prison where he was serving a 150-year sentence. He was 82.
A spokeswoman for the Federal Bureau of Prisons said Mr. Madoff died at the Federal Medical Center in Butner, North Carolina, about 3:30 a.m. EDT (0730 GMT).
His death was believed to be from natural causes. Mr. Madoff had suffered from terminal kidney disease and several other medical ailments.
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