Bernard Madoff

Bernard Madoff was a financier and investment advisor who was convicted of running a massive Ponzi scheme. He was born in 1938 in Queens, New York, and graduated from Hofstra University. Madoff founded his own investment firm, Bernard L. Madoff Investment Securities LLC, which became one of the largest and most successful firms on Wall Street. However, in 2008, Madoff was arrested and charged with running a $65 billion Ponzi scheme, which led to his conviction and imprisonment. Madoff died in prison in 2021.