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
Updated: Apr 14 2021, 15:58 ET
SIXTY years after launching a career in finance, notorious Ponzi scheme conman Bernie Madoff has died – leaving the destruction of thousands of lives in his wake.
Believed to have defrauded his victims out of a massive $64.8 billion, the ‘evil’ financial swindler’s actions even led to his own son’s suicide.
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Bernie Madoff s son Mark, right, committed suicide after the revelations of his father s crimes, and his wife Ruth stopped visiting him after their son s deathCredit: Getty - Minimum Fee
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Actors Kevin Bacon and Kyra Sedgwick were among those defrauded by MadoffCredit: Alamy
The horrific scale of Madoff’s actions is almost hard to believe, earning him a 150-year jail sentence after his arrest in 2008.