BERNIE MADOFF – RECORD HOLDER FOR BIGGEST PONZI SCHEME – DEAD AT 82

On 14 April, Rolling Stone magazine reported that the disgraced, who carried out the largest Ponzi scheme in history, has died at the Federal Medical Center in Butner, North Carolina. He was 82.  Madoff was arrested in December 2008, and charged with securities fraud.  His firm’s statements at that time stated there was about $65 billion in its accounts, although most of that wasn’t real. 

https://www.rollingstone.com/culture/culture-news/bernie-madoff-dead-obituary-1155523/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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