The financier Bernard Madoff, convicted of fraud, is dead

The most prominent financial and investor in New York City before falling for fraud following the 2008 crisis, Bernard Madoff died at the age of 82, we learned on Wednesday. He was sentenced in 2009 to 150 years in prison, and was serving his sentence in a penitentiary in North Carolina, United States.

After the collapse of the stock markets at the start of the 2008 school year, his scam came to light. She was following the fraudulent method known as the Ponzi scheme, which involves digging into the finances of her new clients to pay or reimburse older investors. It is the biggest scam in history.

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