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Bernie Madoff, Financier Who Pleaded Guilty to Largest Ponzi Scheme in History, Dies at 82

Bernie Madoff, Financier Who Pleaded Guilty to Largest Ponzi Scheme in History, Dies at 82 Hilary Lewis Financier Bernard Madoff leaves Manhattan Federal court March 10, 2009 in New York City. Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died in a federal prison early Wednesday. He was 82. Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons. Last year, Madoff’s lawyers filed court papers to try to get him released from prison in the coronavirus pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions. The request was denied.

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Bernie Madoff, Wall Street financier and Ponzi scheme organizer, has died at age 82

Bernie Madoff, Wall Street financier and Ponzi scheme organizer, has died at age 82 bwinck@businessinsider.com (Ben Winck,Kelly McLaughlin) © Stephen Chernin/Getty Images Financier Bernard Madoff arrives at Manhattan Federal court on March 12, 2009 in New York City. Madoff is scheduled to enter a guilty plea on 11 felony counts which under federal law can result in a sentence of about 150 years. Stephen Chernin/Getty Images Bernie Madoff, the Wall Street financier-turned-Ponzi scheme kingpin, has died of natural causes, aged 82, the Associated Press reported Wednesday. Popular Searches He is survived by his wife, Ruth Madoff. Born in New York City in 1938, Madoff founded a stock brokerage in 1960 that eventually became Bernard L. Madoff Investment Securities. The firm specialized in over-the-counter penny stocks, using pink sheet quotes to make markets for traders. Madoff s brokerage then moved on to computerized trades, employing an information technolog

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Bernie Madoff dies in federal prison

Bernie Madoff dies in federal prison
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Bernie Madoff, Wall Street financier and Ponzi scheme organiser, has died at age 82

Bernie Madoff, Wall Street financier and Ponzi scheme organiser, has died at age 82
businessinsider.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.co.za Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesIrving pickardBernardl madoffRuth madoffDenny chinHarvey pittBernard madoffBernie madoffStephen chernin gettyMadoff ponziExchange commissionCentral bankAssociated pressDistrict courtFinancier bernard madoff