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Bernie Madoff, a Jewish businessman convicted of the greatest fraud in history, has died in a U.S. prison - Walla! News

2021-04-14T15:14:11.422Z


According to a source close to the matter, Madoff died at a federal medical center in North Carolina, apparently under natural circumstances. He pleaded guilty in 2009 to a series of $ 65 billion charges and embezzlement, for which the court sentenced him to 150 years in prison. Last year a request was made to release him from prison due to the corona


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Bernie Madoff, the Jewish businessman convicted of the greatest fraud in history, died in a U.S. prison

According to a source close to the matter, Madoff died at a federal medical center in North Carolina, apparently under natural circumstances.

He pleaded guilty in 2009 to a series of $ 65 billion charges and embezzlement, for which the court sentenced him to 150 years in prison.

Last year a request was made to release him from prison due to the corona

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Wednesday, 14 April 2021, 16:43 Updated: 17:17

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Died at age 82. Madoff (Photo: AP)

Bernie Madoff, the Jewish-American businessman who was responsible for the largest Ponzi scam in history, died in prison at the age of 82. A source close to the matter said Madoff died at the federal medical center in Butner North Carolina, apparently under natural circumstances.



Last year, Madoff's lawyers filed a motion to release him from prison due to the corona plague, claiming that Madoff suffered from severe and terminal kidney disease and other chronic problems, but his application was denied.



Madoff pleaded guilty in 2009 to a series of $ 65 billion charges and fraud, for which the court sentenced him to 150 years in prison.

Madoff defrauded investors of $ 17.5 billion, which was invested by customers, financiers and celebrities in the businesses he owns.

After admitting his actions, Madoff said he was "very sorry and ashamed".

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Declared investors about $ 17.5 billion.

Madoff in 2009 (Photo: Reuters)

Madoff's fraud program began in the early 1970s, during which some 37,000 people were deceived in 136 countries over four decades.

The businessman's activities continued until 2008, when he was arrested.

Among the victims of the businessman - director Steven Spielberg, actor Kevin Bacon, Nobel Peace Prize laureate Eli Wiesel and many others.

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Source: walla

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