“AP: Bernie Madoff, Ponzi scheme mastermind, dies in prison”

According to the Associated Press, Bernie Madoff, the mastermind of the Ponzi scheme, died in prison recently. The cause of death is believed to be natural death.

According to CNBC, Madoff planned the largest investment fraud in American history, defrauding $65 billion from tens of thousands of victims. He pleaded guilty in 2009 and was sentenced to 150 years in prison.