Technical Staff
April 30, 2021
On April 14, 2021, Bernard L. Madoff died in prison, serving a 150-year sentence. During the 2008 financial crisis, it was revealed that he was in charge of the largest Ponzi scheme in American history. Below is a BBC report on Madoff’s death:
Bernie Madoff: Disgraced financier dies in prison
Bernie Madoff admitted he had conned investors out of billions of dollars in a Ponzi scheme.
www.bbc.com
The following documentary is one of the best, highlighting many aspects of this mega-corruption scandal in the United States:
Should we expect another “Madoff” scandal in the near future? What did regulators learn from the Madoff scandal? What do you think?
