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December 11, 2008. Bernard Lawrence Madoff ( / ˈmeɪdɔːf / MAY-dawf; [2] April 29, 1938 – April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. [3] [4] He was at one time chairman of the Nasdaq stock exchange. [5]
- Deceased
- December 11, 2008
Apr 14, 2021 · Hiroko Masuike/Getty Images. Bernard L. Madoff, the onetime senior statesman of Wall Street who in 2008 became the human face of an era of financial misdeeds and missteps for running the largest ...
- Diana B. Henriques
Apr 15, 2021 · Madoff was born April 29, 1938, in New York City’s borough of Queens, where he met his wife Ruth in high school. They had two sons, both of whom worked for their father’s firm. Mark Madoff ...
- 3 min
Dec 20, 2023 · Bernie Madoff was an American financier who executed the largest Ponzi scheme in history, defrauding thousands of investors out of tens of billions of dollars over the course of at least 17 years. He died in prison in 2021 while serving a 150-year sentence for money laundering, securities fraud, and other felonies. Learn about his life, career, scheme, and legacy.
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Apr 14, 2021 · Bernie Madoff, Financier Behind Notorious Ponzi Scheme, Dies At 82. Bernard Madoff, shown here in 2009, died Wednesday in a federal prison facility in North Carolina. Bernie Madoff, the financier ...
- Rachel Treisman
Apr 14, 2021 · Bernie Madoff, a Wall Street financier disgraced after he admitted to one of the biggest frauds in US financial history, has died in prison at age 82. His death was announced by the Bureau of ...
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion ...
