NEW YORK (CBS/AP) — Bernie Madoff , the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died behind bars early Wednesday. He was 82. Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons. READ MORE: Lowell COVID Vaccine Clinic Shifts To Pfizer Doses After Johnson & Johnson Pause Last year, Madoff’s lawyers unsuccessfully asked a court to release him from prison during the coronavirus pandemic, saying he suffered from end-stage renal disease and other chronic medical conditions. His death was due to natural causes, a person familiar with the matter told The Associated Press. The person was not authorized to speak publicly and spoke to the AP on the condition of anonymity. For decades, Madoff enjoyed an image as a self-made financial guru whose Midas touch defied market fluctuations. A former chairman … [Read more...] about Bernie Madoff, Man Behind Largest Ponzi Scheme In History, Dies In Prison At 82
