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Bernie Madoff Was Into ‘Madoff Schemes’ Before It Was Cool

“Charles Ponzi is now a footnote. They’re now Madoff schemes.”

Anthony Sabino, a defense lawyer specializing in white collar criminal defense, famously said in July 2009 after Bernie Madoff decided not to appeal his 150-year sentence for fraud. As you’ve probably heard by now, Madoff died today in jail at the age of 82.

Madoff won’t appeal 150-year sentence [Associated Press]
Ponzi schemer Bernie Madoff dies in prison at 82 [Associated Press]