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Bernie Madoff, mastermind behind largest Ponzi scheme in history, dies at 82 Ethan Sacks © Provided by NBC News Bernie Madoff, the Wall Street con artist who masterminded the largest Ponzi scheme in history and bilked thousands of investors out of billions of dollars, has died in prison. He was 82. The Federal Bureau of Prisons confirmed Madoff's death on Wednesday. He died at the Federal Medical Center in Butner, North Carolina. The bureau did not specify a cause of death, saying in a statement that the cause will be determined by a medical examiner. Madoff's death comes ab...

Bernie Madoff, the once hailed Wall Street wunderkind who turned out to be a criminal mastermind, died in prison on Wednesday. But one place where he preyed on his wealthiest victims — the uber-rich enclave of Palm Beach — has moved on from the disgraced financier after his Ponzi scheme fell apart in 2008. For most on the island these days, Madoff is more of a punch line than a sucker punch.  "My impression now is that the real anger and resentment has dissipated," said Richard Rampell, a retired certified public accountant on Palm Beach who had several clients who lost money to Madoff.

Lannett Announces Pricing Of $350 Million Senior Secured Notes Due 2026 News provided by Share this article Share this article PHILADELPHIA, April 9, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) (the "Company" or "Lannett") today announced the pricing of the $350 million aggregate principal amount of 7.75% senior secured notes due 2026 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and outside the United States to persons other than U.S. persons in reliance upon Regulati...

Lannett Announces Offering Of $350 Million Senior Secured Notes Due 2026 News provided by Share this article Share this article PHILADELPHIA, April 6, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) (the "Company") today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of senior secured notes due 2026 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and outside the United States to persons other than ...

The onetime “cotton king” of New York City’s garment district forfeited more than half a billion dollars in the aftermath of Bernard Madoff’s Ponzi scheme.