AP source: Ponzi schemer Bernie Madoff dies in prison
The IndependentThe latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bernie Madoff the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died early Wednesday in a federal prison, a person familiar with the matter told The Associated Press. Madoff died at the Federal Medical Center in Butner, North Carolina apparently from natural causes, the person said. Last year, Madoff's lawyers filed court papers to try to get the 82-year-old released from prison in the COVID-19 pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions. At the time of Madoff's arrest, fake account statements were telling clients they had holdings worth $60 billion.
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