Scammer Bernard Madoff
Details |
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Name: | Bernard Madoff |
Other Name: | |
Born: | 1938 |
whether Dead or Alive: | |
Age: | 82 |
Country: | United States |
Occupation: | Mobster |
Criminal / Fraud / Scam Charges: | Securities fraud, investment advisor fraud, mail fraud, wire fraud, money laundering, false statements, perjury, making false filings with the SEC, theft from an employee benefit plan |
Criminal / Fraud / Scam Penalty: | 150 years in prison, forfeiture of US$17.179 billion, lifetime ban from securities industry |
Known For: | Being the chairman of NASDAQ and the Madoff investment scandal |
Description :
Bernard Lawrence Madoff (April 29, 1938 April 14, 2021) was an American fraudster and financier who ran the largest Ponzi scheme in history, worth about $64.8 billion.He was at one time chairman of the NASDAQ stock exchange.He advanced the proliferation of electronic trading platforms and the concept of payment for order flow, which has been described as a "legal kickback".