Financier Bernie Madoff, who swindled thousands of clients out of billions of dollars, has died in prison.

The 82-year-old passed away from natural causes at the Federal Medical Center in Butner, North Carolina, the Associated Press reported.

He was put behind bars in 2009 after pleading guilty to defrauding thousands of clients out of billions of dollars in investments over several decades.

It is estimated that investors put $17.5bn into Madoff’s business, with $13bn having been recovered so far.

You May Also Like

Children served floor sealant instead of milk at school

A dozen children were served floor sealant instead of milk at a…

Why is the US election result taking so long?

Polling experts and election boffins tell us they never expected a winner…

Dr Dre joined by all-star cast of hip-hop royalty for Super Bowl half-time show

Dr Dre was joined by an all-star cast of hip-hop royalty for…

US approves Pfizer jab for children as young as five in ‘turning point’ in fight against COVID

Children as young as five will be offered coronavirus vaccines in the…