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Financial fraud: Madoff - The mastermind behind the world's largest Ponzi scheme sentenced to 150 years in prison - Vimarsana News

Financial fraud: Madoff - The mastermind behind the world's largest Ponzi scheme sentenced to 150 years in prison

Updated Apr 16, 2021 | 17:14 IST In 2009, Madoff, who many deemed a wizard of Wall Street, pleaded guilty to a Ponzi scheme that investigators allege began as far back as the 1970s. Bernie Madoff passed away at the age of 82 on Wednesday, April 14, 2021.  |  Photo Credit: Twitter Key Highlights It turned out the hefty returns that Madoff was consistently providing his clients were actually part of one of the world's largest-ever Ponzi schemes He eventually came clean to his children, who, incidentally, were also part of the firm but not, reportedly, connecte...