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Ponzi mastermind Bernie Madoff dead in US prison The New Yorker was sentenced to 150 years in prison in 2009 for running a pyramid-style scheme that conned tens of thousands of people around the world and was estimated to be worth almost $65 billion In this file photo disgraced Wall Street financier Bernie Madoff leaves US Federal Court after a hearing on 10 March 2009 in New York. Picture: STAN HONDA/AFP 6 hours ago NEW YORK - Bernie Madoff, the mastermind behind the largest financial scam in history that...

Bernie Madoff, infamous Ponzi schemer, dead at 82 14 Apr, 2021 06:15 PM 8 minutes to read Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died in jail. Video / AP Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died in jail. Video / AP Other By: Michael Balsalmo and Tom Hays 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 behind bars early Wednesday. He was 82. Madoff...

increase font size Madoff admitted swindling thousands of clients out of billions of dollars in investments over decades. By MICHAEL BALSAMOAssociated Press Share NEW YORK  — 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. Bernie Madoff leaves federal court in Manhattan in 2009. Associated Press/David Karp Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Burea...

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 behind bars early Wednesday. He was 82.

  Bernie Madoff, mastermind of the largest financial scam in history that unraveled during the 2008 economic crisis, died in jail on Wednesday, US prison officials said. He was 82. Madoff had been suffering from chronic kidney failure and prison chiefs had denied his request last year to be allowed to go home to die. The New Yorker was sentenced to 150 years in prison in 2009 for running a pyramid-style scheme that conned tens of thousands of people around the world and was estimated to be worth almost $65 billion. It became an ugly symbol of Wall Street excess and left a crippling human tol...