Bernie Madoff: Difference between revisions
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{{Important}}{{Villain_Infobox|fullname = Bernard Lawrence Madoff|occupation = Former Chairman of NASDAQ <br> | {{Important}} | ||
{{Villain_Infobox|fullname = Bernard Lawrence Madoff|occupation = Former Chairman of NASDAQ <br> | |||
Stockbroker<br> | Stockbroker<br> | ||
Investment advisor<br> | Investment advisor<br> | ||
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Mail fraud<br> | Mail fraud<br> | ||
Wire fraud<br> | Wire fraud<br> | ||
Money laundering<br> | [[Money laundering]]<br> | ||
False statements<br> | False statements<br> | ||
Perjury<br> | Perjury<br> | ||
Making false filings with the SEC<br> | Making false filings with the SEC<br> | ||
Theft from an employee benefit plan}}'''Bernard Lawrence "Bernie" Madoff''' (born April 29, 1938) is an American former stockbroker, investment advisor, financier, and white collar criminal. 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. | Theft from an employee benefit plan}} | ||
'''Bernard Lawrence "Bernie" Madoff''' (born April 29, 1938) is an American former stockbroker, investment advisor, financier, and white collar criminal. 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. The firm was one of the top market maker businesses on Wall Street, which bypassed "specialist" firms by directly executing orders over the counter from retail brokers. He employed at the firm his brother Peter, as Senior Managing Director and Chief Compliance Officer; Peter's daughter Shana Madoff, as the firm's rules and compliance officer and attorney; and his sons Andrew and Mark. Peter has since been sentenced to 10 years in prison and Mark committed suicide by hanging exactly two years after his father's arrest. | 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. The firm was one of the top market maker businesses on Wall Street, which bypassed "specialist" firms by directly executing orders over the counter from retail brokers. He employed at the firm his brother Peter, as Senior Managing Director and Chief Compliance Officer; Peter's daughter Shana Madoff, as the firm's rules and compliance officer and attorney; and his sons Andrew and Mark. Peter has since been sentenced to 10 years in prison and Mark committed suicide by hanging exactly two years after his father's arrest. | ||
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[[Category:Elitist]] | [[Category:Elitist]] | ||
[[Category:Greedy | [[Category:Greedy]] | ||
[[Category:Arrogant | [[Category:Arrogant]] | ||
[[Category:Business Leaders]] | [[Category:Business Leaders]] | ||
[[Category:Wealthy]] | [[Category:Wealthy]] | ||
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[[Category:Modern Villains]] | [[Category:Modern Villains]] | ||
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[[Category:Cheater]] | [[Category:Cheater]] | ||
[[Category:Faux Affably Evil]] | |||
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