Events tagged with "criminal charges"

Historical Events tagged with "criminal charges"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Crime & Law

Bernie Madoff Arrested for Ponzi Scheme

December 11th, 2008 16 years ago

Bernie Madoff was arrested in New York for operating the largest Ponzi scheme in history, defrauding investors of approximately $50 billion. His arrest followed a confession to his sons, who reported him to authorities. Madoff founded a brokerage firm in the 1960s and was a former chairman of NASDAQ. The case shocked the financial world and raised questions about regulatory oversight.