Bernard Lawrence Madoff (/ˈmeɪdɔːf/ MAY-doff; April 29, 1938 – April 14, 2021) was an American fraudster and financier who ran the largest Ponzi scheme in history, worth about $64. 8 billion. He was at one time non-executive chairman of the NASDAQ stock market. He advanced the proliferation of electronic trading platforms and the concept of payment for order flow, which has been described as a "legal kickback".
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