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Wednesday, May 12, 2021

Bernie Madoff

American fraudster

Bernie Madoff
Bernie Madoff

Bernard Lawrence Madoff was an American fraudster and financier who ran the largest Ponzi scheme in history, worth about $64.8 billion. He was at one time non-executive chairman of the NASDAQ stock market. He advanced the proliferation of electronic trading platforms and the concept of payment for order flow, which has been described as a "legal kickback".

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