Monday, December 23, 2024
Advertisement
  1. You Are At:
  2. News
  3. World
  4. World's ten millionaires behind bars

World's ten millionaires behind bars

New Delhi: While money can buy a lot, it can't buy you independence from the law.  Blinded by the light of wealth and success, some well-off individuals have made foolish decisions to maintain or amass

India TV News Desk Published : Jan 10, 2014 21:48 IST, Updated : Jan 11, 2014 6:50 IST

1. Bernie Madoff

 

American stockbroker Bernard ‘Bernie' Madoff has gone down in history as the instigator of the largest Ponzie Scheme in history.

With an estimated net worth, now, of -$17 billion, Madoff had been worth about $800 million in his hey day.

In 2009, Madoff pleaded guilty and was charged to 150 years in prison.

In a tragic end to this stunning tale of deception, Madoff's son Mark committed suicide after his father's arrest – while his other son, Peter, was also imprisoned for his involvement.

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from World

Advertisement
Advertisement
Advertisement
Advertisement