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social science subjects > business and management > business ethics > cases in business ethics > Bernard L. Madoff
... > social science subjects > criminology and criminal justice > criminology > white-collar and corporate crime > key people in white-collar and corporate crime > Bernard L. Madoff

Preferred term

Bernard L. Madoff  

Definition

  • Bernard Lawrence (Bernie) Madoff (1938–), through his firm Bernard L. Madoff Investment Securities LLC (BLMIS), orchestrated one of the largest frauds in U.S. history in a far-ranging Ponzi scheme that cost investors an estimated $65 billion. In the wake of these charges, Madoff pleaded guilty and is currently serving a prison term of 150 years at the Butner Federal Correctional Complex in North Carolina. [Source: Encyclopedia of White-Collar and Corporate Crime; Madoff, Bernard L.]

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https://concepts.sagepub.com/social-science/concept/Bernard_L._Madoff

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