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Bernie Madoff dead: Ponzi schemer dies in federal prison

Posted on AllSides April 14th, 2021
From The Left
banking and finance, Bernie Madoff

Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died Wednesday in a federal prison.

The federal Bureau of Prisons confirmed that Madoff died of natural causes early Wednesday. BOP spokeswoman Kristie Breshears said Madoff's family was notified of his passing at the agency's medical facility in Butner, North Carolina.

Last year, Madoff's lawyers filed court papers to try to get the 82-year-old released from prison in the COVID-19 pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions. The...

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https://www.usatoday.com/story/money/2021/04/14/bernie-madoff-dead-prison-ponzi-scheme-82-years-old/7219014002/

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