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[[Image:Madoff.jpg|right]]

[[Image:Madoff.jpg|right]]

'''Bernard L. Madoff''' (born April 29, 1938) is a former chairman of the [[Nasdaq]] stock exchange, founder of Bernard L. Madoff Investment Securities, and the central figure of the [[Ponzi scheme]] story broken on December 11, 2008.

'''Bernard L. Madoff''' (born April 29, 1938) is a registered [[Democrat]], former chairman of the [[Nasdaq]] stock exchange, founder of Bernard L. Madoff Investment Securities, and the central figure of the [[Ponzi scheme]] story broken on December 11, 2008.

He was arrested and charged on [[December]] 11 with securities [[fraud]]- his Investment Securities was, according to his own words after his arrest, "Basically a giant Ponzi Scheme." <ref>http://edition.cnn.com/2008/US/12/11/madoff.arrest/?iref=mpstoryview Former Nasdaq chairman charged with fraud.</ref>

He was arrested and charged on [[December]] 11 with securities [[fraud]]- his Investment Securities was, according to his own words after his arrest, "Basically a giant Ponzi Scheme." <ref>http://edition.cnn.com/2008/US/12/11/madoff.arrest/?iref=mpstoryview Former Nasdaq chairman charged with fraud.</ref>