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Bernie Madoff Ponzi scheme victims list includes celebrities


Bernie Madoff, the financier from New York City who pleaded guilty to orchestrating the largest Ponzi scheme in history, died Wednesday in federal prison.

Madoff’s Ponzi scheme collapsed in 2008 during the Great Recession, and he was arrested after his sons went to federal authorities.

At the time of his arrest, fake account statements told clients Madoff’s scheme had holdings worth $60 billion. A court-appointed trustee has recovered more than $13 billion of an estimated $17.5 billion investors put into Madoff’s business. 

His decades-long scam included ordinary citizens, but the list of people swindled by Madoff included numerous celebrities, from actors to athletes to politicians. Here are some of the famous names scammed by Madoff: 

Carl Shapiro: Founder of women’s clothing brand Kay Windsor.

Fred Wilpon: Former owner of the New York Mets.

Steven Spielberg: Academy Award-winning director.

Jeffrey Katzenberg: Co-founder of DreamWorks Pictures alongside Spielberg.





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