MajorHoople
Well-Known Member
- Joined
- Oct 29, 2019
- Messages
- 2,308
- Reaction score
- 13,659
Bernie Madoff dies in prison aged 82 12 years into his 150 year sentence | Daily Mail Online
"Bernie Madoff has died in prison at the age of 82.
The disgraced financier died on Wednesday morning from natural causes according to sources cited by The Associated Press.
Madoff is the most prolific Ponzi scheme scammer in American history, targeting 37,000 people in 136 countries over several decades.
Last June, he asked for compassionate release claiming he was dying from kidney disease. He was denied by a judge who said he'd committed 'one of the most egregious financial crimes' in US history.
He robbed victims of $64.8 billion, taking one's money to pay off the other and fake investments, for years before finally being arrested in 2008.
Some of his victims lost everything and at least one killed themselves over the fraud."
"Bernie Madoff has died in prison at the age of 82.
The disgraced financier died on Wednesday morning from natural causes according to sources cited by The Associated Press.
Madoff is the most prolific Ponzi scheme scammer in American history, targeting 37,000 people in 136 countries over several decades.
Last June, he asked for compassionate release claiming he was dying from kidney disease. He was denied by a judge who said he'd committed 'one of the most egregious financial crimes' in US history.
He robbed victims of $64.8 billion, taking one's money to pay off the other and fake investments, for years before finally being arrested in 2008.
Some of his victims lost everything and at least one killed themselves over the fraud."
