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Madoff Scandal: The Final Minions Meet Their Fate. After more than six years and 15 convictions, the Bernie Madoff Ponzi scheme, which cost his investors an estimated $50 billion, is finally coming to close. Continue Reading Below.
Andrew Madoff, Bernard Madoff's last surviving son, died of cancer on Wednesday, years after turning his father in and insisting he had been duped like the rest of the world into believing history's most notorious Ponzi king was an honest financier.