Ponzi Scammer Asked Trump To Forgive Him

The biggest Ponzi scammer in history asked former US President Donald Trump to forgive him.

Bernard Madoff, who was imprisoned for defrauding his customers for $ 19 billion by establishing the largest Ponzi scheme in history, apologized to him during Donald Trump's presidency of the USA and stated that even those who committed the most common crimes were not sentenced to 150 years. According to Bloomberg's report, Madoff wrote to Trump in 2019, "I ask Mr. President to show mercy to my sentence and commute my conviction." While Trump did not take any steps regarding amnesty in response to Madoff's letter, Madoff died at the age of 82 while in prison in April 2021. The AP said in April that Madoff died of "natural causes." It was noted that Madoff, who was sentenced to 150 years in prison at the Buttner Federal Correctional Complex in the US state of North Carolina, had an advanced kidney disease. Like Charles Ponzi, who made his name in the criminal world in 1920, Madoff promised big profits to his customers by paying existing investors with money from new ones. In fact, among the names that Madoff, who was also chairman of the Nasdaq for a while, were harmed by Fred Wilpon, the big partner of the New York Mets, actors Kevin Bacon and Kyra Sedgwick, former Solomon Brothers economist Henry Kaufman and Steven Spielberg trust funds.

"Everything Was One Big Lie..."

The system Madoff built could no longer stand in December 2008 and collapsed. After the panic sales in the markets, when the customers wanted to withdraw their money, the famous investor could not pay these amounts. His sons, Andrew and Mark, said their father explained the situation to the family as follows: "All the money is gone. The whole thing was a big lie."