Date in year · 2008 · The 2000s
On December 11, 2008, bernie Madoff is arrested and charged with securities fraud in a $50 billion Ponzi scheme. The year's #1 song was "Low" by Flo Rida featuring T-Pain. Hyein, Rio Ngumoha, Hudson Meek would arrive in the same year.
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2008
2000s
Featured · December 11, 2008
Bernard Lawrence Madoff was an American financier, con artist, and stock broker who was the admitted mastermind of the largest-known Ponzi scheme in history, worth an estimated $65 billion. He was at one time chairman of the Nasdaq stock exchange. Madoff's firm had two basic units: a stock brokerage and an asset management business; the Ponzi scheme was centered in the asset management business.
Around 2008
2008 (MMVIII) was a leap year starting on Tuesday of the Gregorian calendar, the 2008th year of the Common Era (CE) and Anno Domini (AD) designations, the 8th year of the 3rd millennium and the 21st century, and the 9th year of the 2000s decade.
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American financier and con artist (1938–2021)
Bernard Lawrence Madoff was an American financier, con artist, and stock broker who was the admitted mastermind of the largest-known Ponzi scheme in history, worth an estimated $65 billion. He was at one time chairman of the Nasdaq stock exchange. Madoff's firm had two basic units: a stock brokerage and an asset management business; the Ponzi scheme was centered in the asset management business.
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