Ponzi Schemer Bernie Madoff Dies in Prison Aged 82

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The convincted fraudster has died in custody.

The Federal Bureau of Prisons has confirmed that he passed Wednesday while in custody at a federal facility in North Carolina.

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Madoff was there serving a 150-year sentence following his 2009 criminal case and subsequent conviction.

The controversial figure’s passing has brought with it a lot of mixed reactions.

He famously ran an extensive Ponzi scheme swindling investors out of billions of dollars over many years.

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It’s believed he died from kidney failure.