WebApr 14, 2024 · Article. Bernard L. Madoff, who died April 14 at 82, was the mastermind of perhaps the largest Ponzi scheme in history, a reviled symbol of Wall Street greed and, once, one of the most sought ... WebApr 14, 2024 · December 11, 2008, was the beginning of a financial nightmare for thousands of people after word got out that financier Bernie Madoff was arrested for …
Bernie Madoff: The Greatest Con in History - Biographics
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Bernie Madoff - Overview, History, and the Ponzi Scheme
WebAug 1, 2009 · Jerry Oppenheimer’s new biography of Bernie Madoff traces the roots of his deceit and his odd compulsions back to a Queens childhood steeped in hustles and … Bernard Lawrence Madoff was an American fraudster and financier who was the mastermind of the largest Ponzi scheme in history, worth about $64.8 billion. He was at one time chairman of the NASDAQ stock exchange. Madoff's firm had two basic units: a stock brokerage and an asset management business; … See more Madoff was born on April 29, 1938, in Queens, New York City, to Sylvia (Muntner) and Ralph Madoff, who was a plumber and stockbroker. His family was Jewish. Madoff's grandparents were emigrants from … See more In 1960, Madoff founded Bernard L. Madoff Investment Securities LLC as a broker-dealer for penny stock with $5,000 (equivalent to $46,000 in 2024) that he earned from working as a lifeguard and irrigation sprinkler installer, and a loan of $50,000 from his … See more On March 12, 2009, Madoff pleaded guilty to 11 federal felonies, including securities fraud, wire fraud, mail fraud, money laundering, making false statements, perjury, theft from an employee benefit plan, and making false filings with the SEC. The plea was … See more Madoff met Ruth Alpern while attending Far Rockaway High School. The two eventually began dating. Ruth graduated from high school in 1958, and earned her bachelor's degree at See more From 1991 to 2008, Bernie and Ruth Madoff contributed about $240,000 to federal candidates, parties, and committees, … See more In 1999, financial analyst Harry Markopolos had informed the SEC that he believed it was legally and mathematically impossible to achieve the … See more Madoff died of natural causes at the age of 82 in Federal Medical Center, Butner, a federal prison for inmates with special health needs near Butner, North Carolina, on April 14, 2024. A See more phone jack plug in