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David Karp/PA

Bernie Madoff, convicted of running world's biggest-ever Ponzi scheme, dies in prison

He was serving a 150-year sentence.

BERNIE MADOFF, WHO was serving a 150-year prison sentence in the United States for running the world’s largest Ponzi scheme, has reportedly died.

The Associated Press news agency shared news of the 82-year-old’s death this afternoon, quoting an unnamed source.

Last year, a lawyer claimed Madoff – who was convicted in 2009 of orchestrating a Ponzi scheme that saw investors swindled out of an estimated $65 billion – was terminally ill and wanted to leave prison to die.

In a letter to a US federal judge, attorney Brandon Sample petitioned for his early release, saying Madoff was suffering from “terminal kidney disease, among other serious medical conditions”.

The Washington Post reported at the time that Madoff needed a wheelchair and 24-hour care and was asking for compassionate release, which was ultimately turned down.

“I’ve served 11 years already, and, quite frankly, I’ve suffered through it,” Madoff told the paper in an interview at the time.

“You know, there hasn’t been a day in prison that I haven’t felt the guilt for the pain I caused on the victims and for my family,” he said.

Madoff’s fraud was revealed during the financial crisis in 2008, when he was unable to satisfy growing client demands to withdraw their investments, and many lost their savings or were unable to retire.

He served the end of his sentence in a federal medical prison in North Carolina.

Contains reporting by © AFP 2021.

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    Install the app to use these features.
    Mute Symbolism
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    May 27th 2015, 1:43 PM

    No sign of any problem on my iPho

    296
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    Mute Jack Hackett
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    May 27th 2015, 1:46 PM

    Let the games begin

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    Mute Karol Doran
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    May 27th 2015, 2:01 PM

    Queue the “this wouldn’t happen on Android” fan boys.

    75
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    Mute Alan Corlett
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    May 27th 2015, 2:06 PM

    This wouldn’t happen on an Android os

    157
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    Mute Vocal Outrage
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    May 27th 2015, 5:36 PM

    Highly irresponsible to include the actual text that causes the problem.

    37
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    Mute David Evans
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    May 27th 2015, 1:59 PM

    It appears to be caused because the ‘banner notification’ shits itself when displaying that particular Unicode text. It’s more-so to do with the banner notification for a text message. I would imagine you would get this problem with Whatsapp also.

    Here’s an output of the crash report if anyone is interested, seems to be a segfault:
    https://ghostbin.com/paste/zws9m

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    Mute Buy Say It on iTunes
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    May 27th 2015, 2:13 PM

    It may look like an Arabic word but I’ve talked to two friends one Persian and one Lebanese and they both say that it makes no sense, it’s the Persian alphabet with some Arabic letters, basically if you put it into a translator it is translated as lljjhksksjwhw which is basically what it is, I think the second part is what is causing some of the issues.

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    Mute Alan Corlett
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    May 27th 2015, 2:04 PM

    Probably a hack that once used renders the phone open to attack by disabling passwords when the hacker sends a certain code. Being sent this way does two things 1) gets it past security settings and virus scans, 2) gets spread by everyone trying it to see what happens.

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    Mute Alan Corlett
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    May 27th 2015, 2:05 PM

    PS.,…… it’s only a thought though :-)

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    Mute Daniel Moore
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    May 27th 2015, 9:56 PM

    effective.
    Power
    لُلُصّبُلُلصّبُررً ॣ ॣh ॣ ॣ

    Copy and paste it as it is. Send to someone while their phone is locked . Works on iPhone 5s & 6

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    Mute Gisbert Bayertz
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    May 27th 2015, 5:18 PM

    All *^<nrb well he%%^<?<^

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    Mute One Human Being
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    May 27th 2015, 4:30 PM

    Just change your keyboard to marathi and Arabic like so you know.ےہگکئھطگگگططےطددووौैीूााै

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