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Bookmark or Share- Bernie Madoff, infamous Ponzi schemer, has died - CNNMadoff, 70, will plead guilty on March 12 that he directed a fraud that totaled as much as $64.8 billion, the largest Ponzi scheme in U.S. history, his lawyer Ira Sorkin said in a court hearing...
- Bernie Madoff - WikipediaBernard Lawrence Madoff (/ ˈ m eɪ d ɔː f / MAY-dawf; [2] April 29, 1938 – April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. [3] [4] He was at one time chairman of the Nasdaq stock exchange. [5]
- Bernie Madoff - Death, Sons & Ponzi Scheme - BiographyBernie Madoff was a former stockbroker who ran his multibillion-dollar firm as a grand-scale Ponzi scheme. (1938-) Who Was Bernie Madoff? In 1960, Bernie Madoff used $5,000 he earned from...
- Bernie Madoff: Who He Was and How His Ponzi Scheme WorkedBernie Madoff was a money manager responsible for one of the largest financial frauds in modern history. Bernie Madoff's Ponzi scheme, which ran for decades, defrauded thousands of investors out...
- Madoff investment scandal - WikipediaOn March 12, 2009, Madoff pleaded guilty to 11 federal crimes and admitted to operating the largest Ponzi scheme in history. [5][6] On June 29, 2009, he was sentenced to 150 years in prison, the maximum sentence allowed, with restitution of $170 billion. He died in prison in 2021. [7]
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