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Infamous criminal mastermind dies in jail

Business
by Bruce Golding and Rebecca Rosenberg
15th Apr 2021 5:11 AM

Bernie Madoff, whose US$65 billion (A$84 billion) scam made him one of the world s most hated criminals and destroyed his family, has died in prison, officials said.
The 82-year-old fraudster died on Wednesday at the secure federal medical centre in Butner, North Carolina, where he was serving a 150-year sentence,
The New York Post reports.
The Associated Press reported that Madoff, who had been suffering from end-stage kidney disease and other chronic ailments, died of natural causes.
He would have turned 83 on April 29.
His epic stock fraud, which came to light amid the global financial crisis of the late 2000s and remains the biggest in Wall Street history, left more than 37,000 victims in 136 countries in its wake. ....

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Bernie Madoff victims included billionaires, celebrities and even retirees

How Bernie Madoff fooled the A-list with promise of double-digit returns: Ponzi schemer s celebrity victims include Steven Spielberg, Kevin Bacon, John Malkovich and New York Mets owner Fred Wilpon
Bernie Madoff robbed 37,000 victims in 136 countries over the course of two decades before he was arrested back in 2008
His victims, large and small, included individuals, charities, pension funds and hedge funds
Among those he betrayed were actors Kevin Bacon and John Malkovich; director Steven Spielberg and New York Mets owner Fred Wilpon
Some victims, including those who could barely afford to invest in the first place, lost their entire life savings and several later committed suicide as a result ....

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Infamous criminal mastermind dies in jail

Infamous criminal mastermind dies in jail
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Infamous criminal mastermind dies in jail

Infamous criminal mastermind dies in jail
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Infamous criminal mastermind dies in jail

Infamous criminal mastermind dies in jail
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