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Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than $19bn in history’s largest Ponzi scheme, has died. He was 82.

He died on Wednesday, according to an e-mailed statement from Brandon Sample, Madoff’s attorney. No cause was given. Madoff’s home since July 2009 was the Butner Federal Correctional Complex in Butner, North Carolina, where he was serving a 150-year term. He requested compassionate early release, citing end-stage kidney disease, in February 2020...

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