Ponzi Schemer Bernie Madoff Dies In Federal Prison

Bernie Madoff, who orchestrated a massive Ponzi scheme, died at 82 in a North Carolina federal prison from natural causes. He was serving a 150-year sentence for defrauding thousands of clients out of billions of dollars. His lawyers had sought his release during the COVID-19 pandemic due to health issues, but the request was denied by a judge.

Where did Bernard Madoff pass away?

• At his home

• In a federal prison in North Carolina

• In a hospital in New York

• In a state prison in California

What was the length of the prison sentence Bernard Madoff was serving?

• 200 years

• 50 years

• 100 years

• 150 years

How did Bernard Madoff defraud his clients?

• By embezzling funds from a charity

• By selling fake stocks

• By running a pyramid scheme

• By using his business to steal billions

Why did Madoff's lawyers request his release during the pandemic?

• Because of his medical conditions

• Due to overcrowding in prison

• Due to a legal technicality

• To serve the rest of his sentence at home

What was the outcome of the request for Madoff's release?

• It was approved by the judge

• It was denied by the judge

• It was postponed indefinitely

• It was approved with conditions