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Bernard Madoff, mastermind of the largest investment fraud in US history that ripped off tens of thousands of customers valued at up to $ 65 billion, died on ....
His death at the Federal Medical Center in Butner, North Carolina, was confirmed by the federal Bureau of Prisons. Madoff died apparently from natural causes, the AP reported earlier, citing an unidentified person familiar with the matter. He would have turned 83 on April 29. Madoff was serving a 150-year sentence at the prison, where he had been treated for what his attorney called terminal kidney disease. His request for compassionate release from prison was denied in June. He pleaded guilty in 2009 to a scheme that investigators said started in the early 1970s and defrauded as many as 37,000 people in 136 countries over four decades by the time Madoff was busted on Dec. 11, 2008 after his two sons turned him in. Victims included the famous director Steven Spielberg, actor Kevin Bacon, former New York Mets owner Fred Wilpon, Hall of Fame pitcher Sandy Koufax and Nobel Peace Prize winner Elie Weisel and ordinary investors, like Burt Ross, who lost $5 million ....
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