Madoff's thousands of victims included individuals, charities, pension funds and hedge funds.Īmong those he betrayed were the actors Kevin Bacon, Kyra Sedgwick and John Malkovich, baseball Hall of Fame pitcher Sandy Koufax and a charity associated with director Steven Spielberg.
He had been held at a federal prison in Butner, N.C., after being sentenced in June 2009 for engineering a fraud estimated as high as $64.8 billion US. Madoff had been suffering from chronic kidney failure and several other medical ailments. Bernard 'Bernie' Madoff, who was convicted for running the largest known Ponzi scheme in history, died on Wednesday in federal prison where he was serving a 150-year sentence, the U.S.
