Bernard Madoff

Bernard L. Madoff Investment Securities LLC, New York City The big daddy of them all, Madoff, admitted to his sons in December 2008 that he had been running a Ponzi scheme for 30 years that brought in an estimated $50 billion or more, the current largest such scheme in U.S. history. Madoff may also have operated the longest-running Ponzi scheme. He is serving a 150-year prison sentence.
JIN LEE, BLOOMBERG NEWS
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