On March 12, 2009, Bernard L. Madoff, once a respected figure on Wall Street, pleaded guilty to orchestrating the largest Ponzi scheme in history. His admission in a Manhattan courtroom marked the downfall of a financier who had previously served as chairman of Nasdaq…
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On December 11, 2008, Bernie Madoff, a highly regarded Wall Street financier and former Nasdaq chairman, was arrested for orchestrating one of the largest Ponzi schemes in history. As the founder of Bernard L. Madoff Investment Securities LLC, Madoff faced securities fraud charges after…
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