Convicted Ponzi operator Bernard Madoff dies in prison
Updated / Wednesday, 14 Apr 2021
15:30
Bernard Madoff was sentenced to 150 years in prison in 2009
Bernard Madoff, who was convicted in 2009 for running a massive Ponzi scheme, has died aged 82 in federal prison where he was serving a 150-year sentence, the US Bureau of Prisons said.
Madoff had been suffering from chronic kidney failure and several other medical ailments.
He had been held at a federal prison in Butner, North Carolina, after being sentenced in June 2009 to a 150-year term for engineering a fraud estimated as high as $64.8 billion.
Madoff s thousands of victims, large and small, included individuals, charities, pension funds and hedge funds.
Bernie Madoff, who orchestrated largest known Ponzi scheme in history, dead at 82
Bernard Bernie Madoff, who was convicted for running the largest known Ponzi scheme in history, died on Wednesday in federal prison where he was serving a 150-year sentence, the U.S. Bureau of Prisons said. He was 82.
Social Sharing
Thomson Reuters ·
Posted: Apr 14, 2021 11:17 AM ET | Last Updated: April 14
Bernie Madoff, the ex-financier who was serving a 150-year term for engineering a fraud estimated as high as $64.8 billion US, died in federal prison on Wednesday.(Timoth A. Clary/AFP/Getty Images)
Bernard Bernie Madoff, who was convicted for running the largest known Ponzi scheme in history, died on Wednesday in federal prison where he was serving a 150-year sentence, the U.S. Bureau of Prisons said. He was 82.
Ponzi Schemer Bernie Madoff Has Died In Prison Date
14/04/2021
Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died on Wednesday in federal prison where he was serving a 150-year sentence, the US Bureau of Prisons said. He was 82.
Bernie Madoff, Architect Of $65B Ponzi Scheme, Dies At 82 law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.