Where Is Bernie Madoff Now?
Bernard Lawrence Madoff (Bernie Madoff) was a n 82-year-old American fraudster and financier who was the mastermind of the largest Ponzi scheme in history, worth about $64.8 billion. Bernie Madoff was born on April 29, 1938, in New York City, in the United States. Bernie Madoff attended the University of Alabama for one year, where…
Bernard Lawrence Madoff (Bernie Madoff) was a n 82-year-old American fraudster and financier who was the mastermind of the largest Ponzi scheme in history, worth about $64.8 billion.
Bernie Madoff was born on April 29, 1938, in New York City, in the United States. Bernie Madoff attended the University of Alabama for one year, where he became a brother of the Tau Chapter of the Sigma Alpha Mu fraternity, and in 1960 he then transferred to and graduated from Hofstra University with a Bachelor of Arts in political science.
In 1960, Bernie Madoff founded a penny stock brokerage, which eventually grew into Bernard L. Madoff Investment Securities. On December 11, 2008, Bernie Madoff served as the company’s chairman until his arrest. Bernie Madoff was the first prominent practitioner of payment for order flow, in which a dealer pays a broker for the right to execute a customer’s order.
Where Is Bernie Madoff Now?
Bernie Madoff passed away on April 14, 2021, in Butner, North Carolina, in the United States.
