Bernard Madoff, Bernard Lawrence Madoff, Bernie Madoff Biography

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Bernard Madoff, Bernard Lawrence Madoff, Bernie Madoff Biography

Bernard “Bernie” Madoff Biography. Be as before, he was involved in fraud cases and stated that most guilty. For which you want to know the biography, the following snippet from the wikipedia.

Bernie Madoff was born April 29, 1938, in New York City. He is an American executive and former chairman of the NASDAQ stock exchange. He was born in the United States to Jewish parents, Ralph and Sylvia Madoff. Bernard “Bernie” Madoff grew up in the Laurelton neighborhood of the New York City borough of Queens. He graduated from Far Rockaway High School in 1956, attended the University of Alabama for one year, then transferred to and graduated from Hofstra University then Hofstra College in 1960 with a degree in political science. The following year, Bernard “Bernie” Madoff attended Brooklyn Law School, but did not continue.

Bernard “Bernie” Madoff is married to Ruth Alpern, who has been involved with the firm and in the Madoff Charitable Foundation. It has been reported that Mrs. Madoff had reconciled the firm’s bank accounts. Bernard “Bernie” Madoff have two sons, Mark and Andrew. Andrew, the younger son, was diagnosed with lymphoma.

Bernard Madoff founded the Bernard L. Madoff Investment Securities LLC in 1960, and he was its chairman until his arrest on December 11, 2008. On December 10, 2008, Madoff told his sons that the asset management arm of his firm was a giant Ponzi scheme. They Bernard Madoff passed this information to authorities.

On the following day, Federal Bureau of Investigation agents arrested Bernard Madoff and charged him with one count of securities fraud. Five days after his arrest, his assets and those of the firm were frozen and a receiver was appointed to handle the case.

Bernard “Bernie” Madoff was also a prominent philanthropist who served on the boards of nonprofit institutions, many of which entrusted his firm with their endowments. Bernard “Bernie” Madoff is a former National Treasurer of the American Jewish Congress. The freeze of his and his firm’s assets have had effects around the world on businesses and charities, some of which, including the Robert I. Lappin Charitable Foundation, the Picower Foundation, and the JEHT Foundation were forced to close as a consequence of the fraud.

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