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Bernie Madoff, Financier Behind Notorious Ponzi Scheme, Dies At 82
Madoff died Wednesday in a North Carolina federal prison, where he was serving a 150-year sentence. He defrauded thousands of investors out of tens of billions of dollars over nearly two decades.
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Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
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