Justdroppedin
04-14-2021, 05:38 PM
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Bernie Madoff, the mastermind behind the worst financial scam in history, died in jail at age 82 on Wednesday, US prison officials said.
Madoff was sentenced to 150 years in prison in 2009 for running a pyramid-style scheme that defrauded tens of thousands of people around the world.
The scheme was estimated to be worth around $63 billion.
"We can confirm Bernard Madoff passed away on April 14, 2021, at the Federal Medical Center (FMC) Butner, North Carolina," an official with the federal Bureau of Prisons told AFP in an email.
In February 2020, Madoff's lawyer said the disgraced Wall Street financier was terminally ill and wanted to leave prison to die.
Attorney Brandon Sample said Madoff was suffering from "terminal kidney disease, among other serious medical conditions."
"The Bureau of Prisons concluded in September 2019 that Madoff has less than 18 months to live because of the terminal nature of his kidney failure," Sample wrote.
The Washington Post reported then that Madoff needed a wheelchair and 24-hour care.
He asked for compassionate release so he could mend fences with his grandchildren and die at home but the request was rejected by the prisons bureau.
Bernie Madoff, the mastermind behind the worst financial scam in history, died in jail at age 82 on Wednesday, US prison officials said.
Madoff was sentenced to 150 years in prison in 2009 for running a pyramid-style scheme that defrauded tens of thousands of people around the world.
The scheme was estimated to be worth around $63 billion.
"We can confirm Bernard Madoff passed away on April 14, 2021, at the Federal Medical Center (FMC) Butner, North Carolina," an official with the federal Bureau of Prisons told AFP in an email.
In February 2020, Madoff's lawyer said the disgraced Wall Street financier was terminally ill and wanted to leave prison to die.
Attorney Brandon Sample said Madoff was suffering from "terminal kidney disease, among other serious medical conditions."
"The Bureau of Prisons concluded in September 2019 that Madoff has less than 18 months to live because of the terminal nature of his kidney failure," Sample wrote.
The Washington Post reported then that Madoff needed a wheelchair and 24-hour care.
He asked for compassionate release so he could mend fences with his grandchildren and die at home but the request was rejected by the prisons bureau.