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He died Wednesday, according to an emailed statement from Brandon Sample, Madoff’s attorney. No cause was given. Madoff’s home since July 2009 was the Butner Federal Correctional Complex in Butner, North Carolina, where he was serving a 150-year term. He requested compassionate early release, citing end-stage kidney disease, in February 2020. Up until his death, Madoff “lived with guilt and remorse for his crimes,” Sample said. “Although the crimes Bernie was convicted of have come to define who he was -he was also a father and a husband. He was soft spoken and an intellectual. Bernie was by no means perfect. But no man is.” ....
For years, Bernie Madoff was regarded as an investment sage. Bernard L. Madoff, who died April 14 at 82, was the mastermind of perhaps the largest Ponzi scheme in history, a reviled symbol of Wall Street greed and, once, one of the most sought-after stockbrokers in high finance. For years, Bernie Madoff was regarded as an investment sage. He had clients, homes and boats strewn about exclusive enclaves around the world. Leveraging the clout he had amassed as a legitimate trader, he lured - and eventually fleeced - thousands of investors who entrusted to him their retirement savings, their children s college funds and their financial security. ....
Mastermind of giant Ponzi scheme dies at 82 winnipegfreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winnipegfreepress.com Daily Mail and Mail on Sunday newspapers.
Bernard Madoff exits the Manhattan federal court house in New York, U.S. on Jan. 14, 2009. Madoff pleaded guilty in that March to fraud, money laundering, perjury and theft and was sentenced to 150 years in prison. Photo by Reuters/Brendan McDermid/File Photo Article content Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than US$19 billion in history’s largest Ponzi scheme, has died. He was 82. His death, “believed to be from natural causes,” was reported by the Associated Press. Madoff’s home since July 2009 was the Butner Federal Correctional Complex in Butner, North Carolina, where he was serving a 150-year term. He requested compassionate early release, citing end-stage kidney disease, in February 2020. ....