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Bernie Madoff - Wikipedia

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Bernard Lawrence Madoff (/ˈmeɪdɔːf/ MAY-dawf;[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 history, worth an estimated $65 billion.[3][4] He was at one time chairman of the Nasdaq stock exchange.[5] Madoff's firm had two basic units: a stock brokerage and an asset management business; the Ponzi scheme was centered in the asset management business. Madoff founded a penny stock brokerage in 1960, which eventually grew into Bernard L. Madoff Investment Securities.[6] He served as the company's chairman until his arrest on December 11, 2008.[7][8] That year, the firm was the sixth-largest market maker in S&P 500 stocks.[9] While the stock brokerage part of the business had a public profile, Madoff tried to keep his asset management business low profile and exclusive. At the firm, he employed his brother Peter Madoff as senior managing director and chief compliance officer, Peter's d

Bernie Madoff - Wikipedia Jump to content From Wikipedia, the free encyclopedia American financier and con artist (1938–2021) "Madoff" redirects here. For other people with the same surname, see Madoff (surname) . For the TV miniseries, see Madoff (miniseries) and Madoff: The Monster of Wall Street . {{cite web| title=Bernard L. Madoff Investment Securities, LLC (BMIS) | website=madoffinvestmentsecurities.com | date=26 February 2007 | url=https://madoffinvestmentsecurities.com/ | access-date=3 April 2023}}</ref> (founder)<br>[[Nasdaq]] (chairman)"},"known_for":{"wt":"[[Madoff investment scanda

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