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Definitions from the Web

Madoff

Definition:

Madoff refers to Bernard Madoff, an American financier and former chairman of the NASDAQ stock exchange who was convicted of operating the largest Ponzi scheme in history.

Senses:

1. Noun: A person who commits a large-scale financial fraud or Ponzi scheme.
2. Verb: To perpetrate a fraudulent investment scheme or scam.

Examples:

1. Noun:
2. • Many investors lost their life savings to Madoff's Ponzi scheme.
   • He was sentenced to 150 years in prison for his role as a Madoff.
3. Verb:
4. • Be careful not to get Madoffed by those promising unrealistic returns on your investments.
   • Thousands of people were Madoffed by the fraudulent investment firm.

Related Products:

• The Wizard of Lies - A book by Diana B. Henriques that provides an in-depth account of the Madoff scandal.
• No One Would Listen - A book by Harry Markopolos, the whistleblower who repeatedly tried to expose Madoff's Ponzi scheme.