Wall St dealer charged over $50bn fraud Bernard Madoff is shopped to FBI agents for 'stunning' swindle by his own sons

#BernardMadoff
was sentenced 150-year for running a #PonziScheme; theft, fraud and #MoneyLaundering were the specific charges.

37,000 people in 136 countries Were swindled out of $64,000,000,000 for over four decades after pleading guilty in 2009.

www.theguardian.com/world/2008/d...

16 Years Ago On This Day, Bernie Madoff's Arrest Shocked The World How, on December 11, 2008, Bernard Madoff's arrest changed perceptions of trust in finance and led to significant regulatory reforms.

16 YEARS AGO ON THIS DAY, THE FALL OF A FINANCIAL TITAN SHOCKED THE WORLD

www.mic.com/culture/bern...

#News #History #Crime #Finance #FinancialCrimes #BernieMadoff #BernardMadoff