Mastermind behind largest Ponzi scheme, Bernie Madoff, passes away at 82
Wed, Apr 14, 2021 7:17 PM

Mastermind behind largest Ponzi scheme, Bernie Madoff, passes away at 82

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Bernie Madoff, the Wall Street mastermind behind the largest Ponzi scheme in history and bilked thousands of investors out of billions of dollars, expired at 82 in prison. Madoff's death comes about 12 years into a 150-year prison sentence stemming from fraud charges that bilked thousands of investors out of an estimated $65bn in promised returns on $20bn invested over the yrs.

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