September 21, 2021

Info IEC

Business & Finance Information

Day: July 24, 2021

Bernie Madoff leaves federal court docket in New York on March 10, 2009.

Jin Lee | Bloomberg through Getty Photos

Some folks may argue that Bernie Madoff was grossly overpaid even at simply 24 cents per hour for working as an orderly in jail.

Madoff, the late Ponzi scheme king who ripped off 1000’s of individuals for billions of {dollars}, earned simply $710 after nearly 3,000 hours of labor whereas serving 12 years in a North Carolina federal jail earlier than dying of kidney failure in April, newly launched data present.

And when he died at age 82, Madoff didn’t