Bernie Madoff, Known for His Massive Ponzi Scheme, Dies in Prison at 82

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Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died in a federal prison early Wednesday. He was 82.

The bureau said Madoff's cause of death would be determined by a medical examiner.Last year, Madoff's lawyers filed court papers to try to get him released from prison in the COVID-19 pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions.

Bernie Madoff, the disgraced financier who pleaded guilty to running a billion-dollar Ponzi scheme, died in federal prison early Wednesday, according to the Associated Press.

William Earl Bernie Madoff, the disgraced investment advisor who was serving out a 150-year prison sentence for running a Ponzi scheme and committing other financial crimes, died early Wednesday at 82, the Associated Press reported.Madoff was notorious for leading one of the largest ponzi schemes in history, which targeted scores of wealthy investors and celebrities, including Larry King, Kevin Bacon and John Malkovich.

Bernie Madoff, the convicted Ponzi schemer whose long-term, multi-billion-dollar financial manipulations ruined clients and rattled financial markets, has died.

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