deaths
Bernie Madoff, American mastermind of the world's largest Ponzi scheme (born 1938)
Related Wikipedia articles
Bernie Madoff
American fraudster and financier (1938–2021)
Bernard Lawrence Madoff was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. He was at one time chairman of the Nasdaq stock exchange. Madoff's firm had two basic units: a…Source: Wikipedia (CC BY-SA)
Ponzi scheme
Type of financial fraud
A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian confidence artist Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived…Source: Wikipedia (CC BY-SA)
April 14
Day of the year
April 14 is the 104th day of the year in the Gregorian calendar; 261 days remain until the end of the year.Source: Wikipedia (CC BY-SA)