Bernie Madoff, the financier who pleaded guilty to running the largest Ponzi scheme in history, has died at the age of 82, The Associated Press reported.

Madoff died from natural causes.

His lawyers asked for Madoff to be released from prison in 2020 because he was suffering from renal disease and chronic medical problems, the news service noted, adding that the request was denied. 

Madoff admitted to swindling thousands of clients out of billions of dollars in investments over decades.

This breaking news report will be updated. 

32 thoughts on “Bernie Madoff dead at 82”
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