Bernie Madoff, the Ponzi scheme mastermind, dies in jail

Bernie Madoff, the Ponzi scheme mastermind, dies in jail

The New Paper - World·2021-04-15 06:05

NEW YORK Bernie Madoff, who was convicted for running the largest known Ponzi scheme in history, died yesterday in federal prison where he was serving a 150-year sentence, the Bureau of Prisons said. He was 82.

Madoff had been suffering from chronic kidney failure and several other medical ailments.

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