BREAKING: Bernie Madoff, the man who ran the world’s biggest Ponzi scheme dies in prison

Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in prison.

According to an Associated Press report citing a person familiar with the matter, Madoff died at the federal medical center in Butner, North Carolina, apparently of natural causes.

The person was not authorized to speak publicly and spoke to the AP on the condition of anonymity.

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. The request was denied.


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