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Bernard Lawrence Madoff (/ ˈ m eɪ d ɔː f / 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]
In May 2012, Joseph Blimline was sentenced to 20 years in federal prison for operating two oil and gas Ponzi schemes. He operated a Ponzi scheme from 2003 to 2005 in Michigan, netting over $28 million. He then operated a Ponzi scheme in Texas, using a company called Provident Royalties, that lasted from 2006 to 2009 and netted over $400 million ...
Scott W. Rothstein (born June 10, 1962) is an American disbarred lawyer, convicted felon, and the former managing shareholder, chairman, and chief executive officer of the now-defunct Rothstein Rosenfeldt Adler law firm. He funded an extravagant lifestyle with a $1.2 billion Ponzi scheme, one of the largest such in history. [1] [2]
In 'Madoff: The Monster of Wall Street', viewers meet George Perez, a computer programmer involved in the Ponzi scheme. All about his net worth, job, and life.
Bernie Madoff became famous for running the largest Ponzi scheme in history. Everything to know about where the name comes from, and how Madoff's scheme worked. There's A Bernie Madoff Victim Fund ...
Bernie Madoff, the Wall Street financier turned Ponzi scheme kingpin, has died, The Associated Press reported Wednesday. He was 82. Madoff apparently died of natural causes in federal prison ...
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] 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.
Today he is working at a startup firm. ... Bernie Madoff was an American financier and is known for running the largest Ponzi scheme in history — worth nearly $65 billion. Madoff’s scheme ran ...