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  1. Bernie Madoff - Wikipedia

    On March 12, 2009, Madoff pleaded guilty to 11 federal felonies and admitted to turning his wealth management business into a massive Ponzi scheme. The Madoff investment scandal defrauded …

  2. Bernie Madoff: Who He Was and How His Ponzi Scheme Worked

    Sep 3, 2025 · Discover how Bernie Madoff orchestrated history's largest Ponzi scheme, defrauding investors of $65 billion, and the implications it had on financial markets.

  3. Bernie Madoff Case — FBI

    Madoff was running what turned out to be history’s biggest Ponzi scheme. To unravel his crimes, the FBI all but moved into Madoff’s offices. A team of nearly 15 special agents led the effort,...

  4. Bernie Madoff | Biography, Ponzi Scheme, & Facts | Britannica

    Dec 22, 2025 · Bernie Madoff was an American hedge-fund investment manager and former chairman of the NASDAQ stock market. He was best known for operating history’s largest Ponzi scheme. In …

  5. Bernie Madoff Ponzi scheme victims secure $498M in latest settlement

    Jun 5, 2025 · Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting their …

  6. Bernie Madoff’s victims have now recovered 94% of their losses

    Dec 31, 2024 · Madoff, the former Nasdaq chairman, cheated individuals and organizations, including charities and schools, wreaking havoc on people’s lives. Most victims were relatively small-level …

  7. Madoff victim fund covers most of Ponzi scheme losses: DOJ - CNBC

    Dec 30, 2024 · More than 40,000 victims lost billions of dollars to Bernie Madoff, whose Ponzi scheme has been called the largest in the world.

  8. Bernie Madoff - Wikiwand

    Bernard Lawrence Madoff (/ ˈmeɪdɔːf /; [2] April 29, 1938 – April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in …

  9. Madoff fraud victims get $4.3bn as fund completes payouts - BBC

    Dec 31, 2024 · Madoff, a Wall Street financier disgraced after he admitted to one of the biggest frauds in US financial history, died in prison in 2021.

  10. Bernard Madoff, the billionaire who defrauded investors of over ... - MSN

    Bernard Madoff went down in history as the mastermind behind the largest Ponzi scheme ever uncovered, defrauding investors of more than $65 billion. But what exactly did he do, and why did his...