Bernie Madoff, the financier from New York Metropolis who pleaded responsible to orchestrating the most important Ponzi scheme in historical past, died Wednesday in federal prison.
Madoff’s Ponzi scheme collapsed in 2008 in the course of the Nice Recession, and he was arrested after his sons went to federal authorities.
On the time of his arrest, pretend account statements informed purchasers Madoff’s scheme had holdings price $60 billion. A court-appointed trustee has recovered greater than $13 billion of an estimated $17.5 billion buyers put into Madoff’s enterprise.
His decades-long rip-off included bizarre residents, however the listing of individuals swindled by Madoff included quite a few celebrities, from actors to athletes to politicians. Listed here are among the well-known names scammed by Madoff:
Carl Shapiro: Founder of ladies’s clothes model Kay Windsor.
Fred Wilpon: Former proprietor of the New York Mets.
Steven Spielberg: Academy Award-winning director.
Jeffrey Katzenberg: Co-founder of DreamWorks Photos alongside Spielberg.
Mortimer Zuckerman: Chairman and editor-in-chief of U.S. Information & World Report, writer of the New York Each day Information.
Larry Silverstein: Well-known for serving to develop the World Commerce Heart.
Leonard Feinstein: Co-founder of Mattress, Bathtub & Past.
Eric Roth: American screenwriter for movies corresponding to “Forrest Gump” and “A Star Is Born”.
Larry King: Emmy-winning American tv and radio host.
Frank Lautenberg: Former United States senator.
Norman Braman: Former proprietor of the Philadelphia Eagles.
Kevin Bacon and Kyra Sedgwick: Golden Globe-winning actors and married couple.
Zsa Zsa Gabor: Former Miss Hungary in 1936 and starred in Moulin Rouge (1952).
John Malkovich: American actor, director and producer.
Sandy Koufax: MLB Corridor of Fame pitcher from the Brooklyn/Los Angeles Dodgers.
Tim Teufel: Former MLB second baseman, gained 1986 World Sequence with the New York Mets.
Phyllis George: Miss America 1971, and a pioneer in girls sports activities broadcasting.
Comply with Jordan Mendoza on Twitter: @jord_mendoza.