Bernie Madoff - Revision history

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 * [[Prison_Consultants|Prison Consultants]]
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	\|description=Learn about Bernie Madoff's historic $65 billion Ponzi scheme, 150-year federal sentence, and death at FMC Butner. The largest financial fraud in history.		\|description=Learn about Bernie Madoff's historic $65 billion Ponzi scheme, 150-year federal sentence, and death at FMC Butner. The largest financial fraud in history.
	\|keywords=Bernie Madoff, Ponzi scheme, investment fraud, federal prison, Wall Street, financial crime		\|keywords=Bernie Madoff, Ponzi scheme, investment fraud, federal prison, Wall Street, financial crime
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	\|description=Learn about Bernie Madoff's historic $65 billion Ponzi scheme, 150-year federal sentence, and death at FMC Butner. The largest financial fraud in history.		\|description=Learn about Bernie Madoff's historic $65 billion Ponzi scheme, 150-year federal sentence, and death at FMC Butner. The largest financial fraud in history.
	\|keywords=Bernie Madoff, Ponzi scheme, investment fraud, federal prison, Wall Street, financial crime		\|keywords=Bernie Madoff, Ponzi scheme, investment fraud, federal prison, Wall Street, financial crime

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	\|~~title_mode~~=~~append~~		\|title=Bernie Madoff - Ponzi Scheme \| Prisonpedia
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	\|description=Learn about Bernie Madoff's historic $65 billion Ponzi scheme, 150-year federal sentence, and death at FMC Butner. The largest financial fraud in history.		\|description=Learn about Bernie Madoff's historic $65 billion Ponzi scheme, 150-year federal sentence, and death at FMC Butner. The largest financial fraud in history.
	\|keywords=Bernie Madoff, Ponzi scheme, investment fraud, federal prison, Wall Street, financial crime		\|keywords=Bernie Madoff, Ponzi scheme, investment fraud, federal prison, Wall Street, financial crime

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	\|facility = FCI Butner		\|facility = FCI Butner
	\|status = Deceased		\|status = Deceased
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	'''Bernard Lawrence Madoff''' (April 29, 1938 – April 14, 2021), known as '''Bernie Madoff''', was an American financier and convicted fraudster who orchestrated the largest Ponzi scheme in history, defrauding thousands of investors of approximately $65 billion in fabricated gains over a period spanning decades.<ref name="fbi-case">FBI, "Bernie Madoff Case," Famous Cases & Criminals, https://www.fbi.gov/history/famous-cases/bernie-madoff.</ref> Once a respected figure on Wall Street who served as chairman of the NASDAQ stock exchange, Madoff operated a fraudulent investment advisory business through his firm Bernard L. Madoff Investment Securities LLC, using funds from new investors to pay fictitious returns to existing clients while siphoning billions for himself and his associates. Madoff pleaded guilty to 11 federal felonies in March 2009 and was sentenced to 150 years in federal prison—the maximum allowed—by U.S. District Judge Denny Chin, who called his crimes "extraordinarily evil."<ref name="fbi-sentence">FBI Archives, "Bernard Madoff Sentenced to 150 Years in Prison," June 29, 2009, https://archives.fbi.gov/archives/newyork/press-releases/2009/nyfo062909.htm.</ref> Madoff died in federal prison on April 14, 2021, at age 82, having served approximately 12 years of his sentence.<ref name="npr-death">NPR, "Bernie Madoff, Financier Behind Notorious Ponzi Scheme, Dies At 82," April 14, 2021, https://www.npr.org/2021/04/14/987162416/bernie-madoff-financier-behind-notorious-ponzi-scheme-dies-at-age-82.</ref>		'''Bernard Lawrence Madoff''' (April 29, 1938 – April 14, 2021), known as '''Bernie Madoff''', was an American financier and convicted fraudster who orchestrated the largest Ponzi scheme in history, defrauding thousands of investors of approximately $65 billion in fabricated gains over a period spanning decades.<ref name="fbi-case">FBI, "Bernie Madoff Case," Famous Cases & Criminals, https://www.fbi.gov/history/famous-cases/bernie-madoff.</ref> Once a respected figure on Wall Street who served as chairman of the NASDAQ stock exchange, Madoff operated a fraudulent investment advisory business through his firm Bernard L. Madoff Investment Securities LLC, using funds from new investors to pay fictitious returns to existing clients while siphoning billions for himself and his associates. Madoff pleaded guilty to 11 federal felonies in March 2009 and was sentenced to 150 years in federal prison—the maximum allowed—by U.S. District Judge Denny Chin, who called his crimes "extraordinarily evil."<ref name="fbi-sentence">FBI Archives, "Bernard Madoff Sentenced to 150 Years in Prison," June 29, 2009, https://archives.fbi.gov/archives/newyork/press-releases/2009/nyfo062909.htm.</ref> Madoff died in federal prison on April 14, 2021, at age 82, having served approximately 12 years of his sentence.<ref name="npr-death">NPR, "Bernie Madoff, Financier Behind Notorious Ponzi Scheme, Dies At 82," April 14, 2021, https://www.npr.org/2021/04/14/987162416/bernie-madoff-financier-behind-notorious-ponzi-scheme-dies-at-age-82.</ref>

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	{{Infobox Person		{{Infobox Person
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			{{MetaDescription\|Learn about Bernie Madoff's federal case, conviction, and prison experience on Prisonpedia.}}

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