Tags: Criminal.
Bernard Lawrence Bernie Madoff (/ˈmeɪdɒf/; born April 29 1938) is an American convicted of fraud and a former stockbroker investment advisor and financier. He is the former non-executive chairman of the NASDAQ stock market and the admitted operator of a Ponzi scheme that is considered to be the largest financial fraud in U.S. history.Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960 and was its chairman until his arrest on December 11 2008.