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Ponzi scheme architect Bernie Madoff dies

April 15, 2021

The mastermind behind the world's biggest Ponzi scheme -Bernie Madoff- has died in prison at the age of 82. He was serving a 150-year sentence for defrauding tens of thousands of investors out of billions of dollars. The former chairman of the Nasdaq stock exchange reportedly died of natural causes, he'd been suffering from chronic kidney failure.

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