American Scammers

Bernie Madoff: The Billion Dollar Scammer

8 min · 11. jan. 2022
episode Bernie Madoff: The Billion Dollar Scammer cover

Description

Bernard Lawrence "Bernie" Madoff was an American financier who executed the largest Ponzi scheme [https://www.investopedia.com/terms/p/ponzischeme.asp] in history, defrauding thousands of investors out of tens of billions of dollars over the course of at least 17 years, and possibly longer. He was also a pioneer in electronic trading and chair of the Nasdaq in the early 1990s. He died in prison on April 14, 2021 while serving a 150-year sentence for money laundering, securities fraud and several other felonies.

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