AP source: Ponzi schemer Bernie Madoff dies in prison

In this Tuesday, March 10, 2009, file photo, former financier Bernie Madoff exits federal court in Manhattan, in New York. Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in prison, a person familiar with the matter tells The Associated Press. Photo: AP Photo/David Karp. In this Tuesday, March 10, 2009, file photo, former financier Bernie Madoff exits federal court in Manhattan, in New York. Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in prison, a person familiar with the matter tells The Associated Press.

The Associated Press
Created: April 14, 2021 08:35 AM

Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in prison.

A person familiar with the matter told The Associated Press on Wednesday that Madoff died at the federal medical center in Butner, North Carolina, apparently of natural causes.

The person was not authorized to speak publicly and spoke to the AP on the condition of anonymity.

Last year, Madoff’s lawyers filed court papers to try to get the 82-year-old released from prison in the COVID-19 pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions.


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