Who Was Bernie Madoff & What Did He Do?

Madoff attends court hearing on his legal representation
(Photo Credit: Mario Tama | Getty Images)
Bernard Madoff, widely known as Bernie Madoff, was held responsible for one of the biggest investment frauds in the United States. A Wall Street financier, he pleaded guilty in 2009 for initiating a fraudulent scheme that he started in the 1970s. Moreover, he defrauded more than 40,000 people across 125 countries. CNBC reported that the frauds occurred over 40 years before he go