Ponzi Schemes Explained - In loving memory of Bernard “Bernie” Madoff

Op-Ed by Sandro Joseph Azzam, Staff Writer

Bernard Lawrence Madoff was born in 1939 in Queens, New York City, to Sylvia and Ralph Madoff, the children of immigrants from Romania, Austria and Poland. Little did we know, he would become the world’s most hated banker. In a touching tribute to the most hated man on Wall Street, this article delves deeper into the inner workings of Ponzi Schemes and how Madoff was able to get away with his.