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Bernard Madoff Fast Facts - Local News 8


Bernard Madoff Fast Facts
Here’s a look at the life of Bernard Madoff, serving 150 years in prison for running a multi-billion dollar Ponzi scheme.
Personal
Death date: April 14, 2021
Birth place: Queens, New York
Birth name: Bernard Lawrence Madoff
Father: Ralph Madoff
Children: Andrew and Mark
Other Facts
Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993.
Had many high-profile victims, including director Steven Spielberg, actors Kevin Bacon and Kyra Sedgwick, and New York Mets owner Fred Wilpon.
December 10, 2008
– Bernard Madoff allegedly confesses to employees of his company that the asset management portion of his firm is actually a large Ponzi scheme. Madoff says the business had lost about $50 billion and that he plans to turn himself in to authorities in a week. ....

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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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Bernard Madoff Fast Facts


Bernard Madoff Fast Facts
elisfkc2 / Flickr / CC BY-SA 2.0
Here’s a look at the life of Bernard Madoff, serving 150 years in prison for running a multi-billion dollar Ponzi scheme.
Personal
Death date: April 14, 2021
Birth place: Queens, New York
Birth name: Bernard Lawrence Madoff
Father: Ralph Madoff
Children: Andrew and Mark
Other Facts
Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993.
Had many high-profile victims, including director Steven Spielberg, actors Kevin Bacon and Kyra Sedgwick, and New York Mets owner Fred Wilpon.
December 10, 2008
– Bernard Madoff allegedly confesses to employees of his company that the asset management portion of his firm is actually a large Ponzi scheme. Madoff says the business had lost about $50 billion and that he plans to turn himself in to authorities in a week. ....

New York , United States , Metropolitan Correctional Center , North Carolina , Hofstra University , Ruth Alpern Madoff , Denny Chin , Sylvia Muntner Madoff , Fred Wilpon , Bernard Madoff , Mark Madoff , Irving Picard , Peter Madoff , Bernardl Madoff , Kyra Sedgwick , Steven Spielberg , Kevin Bacon , Bernard Lawrence Madoff , Ralph Madoff , Madoff Ponzi , Shana Madoff , Madoff Victim Fund , New York Times , Us District Court , Us Department Of Justice , Correctional Center ,