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Bernie Madoff, guilty in biggest Ponzi scheme in history, dies in federal prison at 82, source says

Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in a federal prison, a person familiar with the matter told The Associated Press on Wednesday.

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Ponzi schemer Bernie Madoff dies in prison, AP reports


Ponzi schemer Bernie Madoff dies in prison at 82
Madoff was in care at the Federal Medical Center in Butner, N.C.
 
 
In this March 10, 2009, photo, former financier Bernie Madoff leaves federal court in Manhattan, in New York. [ DAVID KARP | AP ]
Updated 1 hour ago
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.
Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons.

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Bernie Madoff, Ponzi schemer, dies in prison - Washington Times


Madoff admitted swindling thousands of clients out of billions of dollars in investments over decades.
A court-appointed trustee has recovered more than $13 billion of an estimated $17.5 billion that investors put into Madoff’s business. At the time of Madoff‘s arrest, fake account statements were telling clients they had holdings worth $60 billion.
For decades, Madoff enjoyed an image as a self-made financial guru whose Midas touch defied market fluctuations. A former chairman of the Nasdaq stock market, he attracted a devoted legion of investment clients - from Florida retirees to celebrities such as famed film director Steven Spielberg, actor Kevin Bacon and Hall of Fame pitcher Sandy Koufax.

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Bernie Madoff, Financier Who Pleaded Guilty to Largest Ponzi Scheme in History, Dies at 82


Bernie Madoff, Financier Who Pleaded Guilty to Largest Ponzi Scheme in History, Dies at 82
Hilary Lewis
Financier Bernard Madoff leaves Manhattan Federal court March 10, 2009 in New York City.
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.
Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons.
Last year, Madoff’s lawyers filed court papers to try to get him released from prison in the coronavirus pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions. The request was denied.

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Ponzi schemer Bernie Madoff dies in prison at 82

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 behind bars early . . .

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Bernie Madoff: Ponzi schemer dies in federal prison at 82

Madoff pleaded guilty to orchestrating the largest Ponzi scheme in history. He was sentenced to 150 years in prison. He died Wednesday.

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Ponzi schemer Bernie Madoff dies in US prison

Bernie Madoff, the US financier who pleaded guilty to orchestrating a massive Ponzi scheme, has died in a federal prison. He was 82.

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Infamous Ponzi schemer Bernie Madoff dies in prison - Indianapolis Business Journal

Madoff enjoyed an image as a self-made financial guru whose Midas touch defied market fluctuations. But his investment advisory business was exposed in 2008 as a multibillion-dollar Ponzi scheme that wiped out people’s fortunes and ruined charities and foundations.

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Ponzi schemer Bernie Madoff dies in prison: AP - TheGrio

Bernie Madoff, the financier who pleaded guilty to orchestrating a massive Ponzi scheme, died in a federal prison early Wednesday.

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AP source: Bernie Madoff dies in prison | News, Sports, Jobs


National News
Apr 14, 2021
FILE - In this March 10, 2009, file photo, former financier Bernie Madoff leaves federal court in Manhattan, in New York. Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in prison, a person familiar with the matter tells The Associated Press. (AP Photo/David Karp, File)
NEW YORK (AP) — Bernie Madoff, the financier who pleaded guilty to orchestrating a massive Ponzi scheme, died in a federal prison early Wednesday, a person familiar with the matter told The Associated Press.
Madoff died at the Federal Medical Center in Butner, North Carolina, apparently from natural causes, the person said. The person was not authorized to speak publicly and spoke to the AP on the condition of anonymity.

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