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] .

Apr 2, 2014 · Bernie Madoff was a former stockbroker who ran his multibillion-dollar firm as a grand-scale Ponzi scheme. (1938-) Who Was Bernie Madoff? In 1960, Bernie Madoff used $5,000 he earned from...

Jun 23, 2024 · Bernie Madoff was a money manager responsible for one of the largest financial frauds in modern history. Bernie Madoff's Ponzi scheme, which ran for decades, defrauded...

Jan 1, 2025 · Bernie Madoff was an American hedge-fund investment manager and former chairman of the NASDAQ stock market. He was best known for operating history’s largest Ponzi scheme. In 2009 he pled guilty to various charges and was sentenced to 150 years in prison.

Madoff—a financial investor whose skill and track record were so legendary that people begged to open accounts with his firm—crashed hard in December 2008 after the truth about his investments...

Apr 15, 2021 · Madoff, 70, will plead guilty on March 12 that he directed a fraud that totaled as much as $64.8 billion, the largest Ponzi scheme in U.S. history, his lawyer Ira Sorkin said in a court...

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-dollar Ponzi scheme.

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...

Sep 28, 2022 · The Department of Justice announced today that the Madoff Victim Fund (MVF) began its eighth distribution of approximately $372 million in funds forfeited to the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC …

Mar 10, 2009 · Bernard Madoff, mastermind of the biggest investment fraud in U.S. history, ripping off tens of thousands of clients of as much as $65 billion, died Wednesday. He was 82. His death at the...