10 Interesting Facts About Bernie Madoff

Who is Bernie Madoff?

Bernard Lawrence Madoff, more commonly known as “Bernie” is a well-known American-financier that executed the largest Ponzi scheme ever. He defrauded countless investors that accounted for billions over a period of about 17 years.

Despite, his claims of generating steady and large returns through the investing strategy known as “split-strike conversion”, which actually does exist, Madoff deposited his client’s funds into one bank account, where he would pay out clients that wanted a cash out. He funded these redemptions in the way of attracting “new” investors. He failed to maintain this fraud when the markets took a sharp turn in the late part of 2008. Here are 10 interesting facts about Bernie Madoff.

Facts About Bernie Madoff

1. Bernard Lawrence Madoff was born on the 29 April 1938, in Rockaways section of Queens, N.Y.

2. He went onto graduate from Far Rockaway High School. He met Ruth Alpern in high school who later became his wife.

3. When he finished high school, he went to the University of Alabama for a year before he transferred to the Hofstra University. In 1960 he graduated from Hofstra University with a degree in political science.

4. He went to Brooklyn Law School briefly, before leaving to start his company known as Madoff Investment Securities in the year 1960. He used the $5,000 he had managed to save from repairing and installing sprinkler systems and from working as a lifeguard.

5. His reputation and prominence started to grow and he went onto help pioneer electronic-trading. He also testified in front of congressional committees about financial matters, along with serving as a chairman on the board for the Nasdaq Stock Market.

6. He was also an avid golfer who belonged to several exclusive clubs.

7. His sons, Mark and Andrew were made senior employees in his company. They both turned their dad into the federal authorities in 2008, when the Ponzi scheme was made public.

8. The scheme was estimated at around $65 billion and is suggested as the largest in Wall Street history.

9. At the time of receiving charges for the fraud, he owned yachts in New York, Florida and the Mediterranean, a $7 million penthouse based in Manhattan, a villa situated on the French Riviera, a mansion based in the Hamptons, and a 56-foot boat that he named “The Bull.”

10. The 11 counts of theft, money laundering, perjury and fraud ended with Madoff being sentenced to 150-years in prison.

If you are a victim of a similar scheme, it is important that you speak with an attorney as soon as possible. Sometimes, these schemes are not only tried in a criminal court, but a civil as well.

The Top Mobsters of All Time

Being a member of the top ten mobsters of all time is the hall of fame for members of organized crime families. Many of the gangsters that made this list were considered pioneers of heir craft. Often, these criminals brought in well over 100 million dollars annually. These guys made it to the top of their profession and some of them changed the game forever.

The Top Five Mobsters of All Time

Recently, National Crime Syndicate performed a survey to uncover who the public views as the top ten mobsters of all time. 200 people voted and here are the results:

1.Lucky Luciano

Lucky Luciano claimed the number one spot on this list and deservedly so. After taking out New York mob bosses, Sal Maranzano and Joe Masseria, Lucky restructured the entire New York crime organization. He broke New York into five families, giving each family territory and putting an end to the bloodshed.

2.Carlos Gambino

Carlos Gambino might have been the most low-profile gangster of all time. Carlos ruled his family for over 20 years. During Gambino’s reign, the family was estimated over $500,000,000 a year. The mob boss never had an attempt made on his life and only served 22 months in prison over his lifetime.

3. Frank Costello

Mr.  Costello was a true mobster cinderella story. The gangster rose from the bottom of the family to the top of what is known today as the Genovese Crime Family. Frank Costello was known for his relationships with politicians and was said to run the democratic party in the 1940s. Costello’s run s the boss of the family almost came to an abrupt end, but he was ablet o talk his way out of being murdered by future boss Vito Genovese.

4. Meyer Lansky

Meyer Lansky was one brought into the mob life for his impeccable knowledge of business and finance. The Jewsih born mobster was a founding member of the national crime syndicate. Lansky became well-known for the idea of using foreign accounts to launder money. By 1970, Meyer was worth an estimated $300,000,000.

5. Tony Accardo

Tony Accardo was once the boss of the crime family that controlled all of Chicago. He was virtually untouchable, only spending one night in jail over an 80+ year career in organized crime. Accardo rose through the ranks as a hitman for Al Capone and was said to be part of the infamous Valentine’s Day Massacre.

 

Celebs Accused of Sexual Assault

We live in a changing world. The U.S. is experiencing a surge of charges against alleged sexual predators, and women are standing up against their assailants in droves. You would think those who live in the public eye would be less prone to commit these crimes, but unfortunately, the opposite seems true. Here are a few celebrities accused of sexual assault.

Kevin Spacey was recently accused of sexual assault by a list of at least fifteen men. Anthony Rapp made the first accusation, alleging that Spacey had advanced on him when he was only 14 years old. Spacey made history by becoming the first person to find a bad time to come out of the closet. He responded to the accusation by denying he had any memory of the incident, then elaborated on his interest in men. Matters have only grown worse for Spacey ever since.

Although no charges have been levied, James Franco was recently accused of sexual misconduct by actresses formerly under his direction. Many have asserted that Franco is also guilty of assault, but these are still only rumors. He has previously been accused of trying to hook up with a seventeen year old girl through Instagram and texting, although these accusations have not been verified either.

“X-Men” director Bryan Singer has been accused of rape more than once of the last few years. In 2014, Michael Egan accused Singer of drugging and raping him when he was underage in the 90s. Most recently, he was accused of rape by Cesar Sanchez-Guzman, who was only 17 at the time of the incident. So far, no charges have been filed.

Jeffrey Tambor was recently accused of making sexual advances on a transgender actor on the show “Transparent”, on which he plays the role of a transgender woman. He denies any form of predation.

Louis C.K. stands accused of sexual misconduct that may go as far back as fifteen years. According to comedians Dana Min Goodman and Julia Wolov, Louis pleasured himself in front of them after they accepted his invitation to meet them in his hotel room. He has been accused by other women as well, and has admitted that these allegations are truthful. He has expressed remorse for his actions.

Famous Miami Criminals

What do you think about when somebody mentions Miami? Do you think about a green Florida paradise? Do you think about architecture? Do you think about contemporary trends in a changing world? Or do you think about the criminal underworld? Miami is famous for a lot of things, but none are more fascinating than its evildoers. Here are just a few of the most famous!

Everyone has heard of Pablo Escobar, the Medellin Cartel kingpin. When he reigned at the top, flooding the city with drugs, Anibal Mustelier (the Ghost) was making his way up a different ladder–as a hitman. He’s known for robberies, cartel murders, and most notoriously, a number of assassinations in Colombia and Cuba. Until 2016, he was never caught. He was found in a Miami suburb after another string of robberies.

Who else but Al Capone might have run his criminal enterprises from afar? He was known for running the criminal world as Scarface, and he routinely made Miami his home. He passed away in Palm Island in 1947.

Leonid Fainberg, or Tarzan,  was involved in drug and human trafficking. He delivered girls from Moscow so they could work for him, and he gave all of us the impression that strip joints are run by Russian guys who like to drink Vodka and have a bit of fun on the side. When he finally got nailed in Miami, he was subsequently deported to Israel.

Miami isn’t all about drugs and prostitution. It’s also known for a number of cults. Yahweh Ben Yahweh ran one. Authorities believe he may be responsible for around twenty deaths during the same time period. No one ever nailed him for murder, though–instead, they got him for conspiracy. He died of prostate cancer in 2007, only eleven years into an eighteen year sentence.

Eddie Lee Mosley was a serial killer and rapist, known as the “Rape Man”. Even though there was enough evidence to connect him to a large number of murders, a judge ruled him incompetent to stand trial. One of the rapes that have kept him in prison for over two decades occurred in Miami-Dade County.

Five Most Famous Get Away Cars

History is filled with little details that grab our attention–even when they shouldn’t. Most would argue against our communal interest in the criminal mind, yet most of us just can’t help it. For the introverted thrill seekers among us, here are the five most famous getaway cars that history won’t ever forget.

  1. Beginning in 1911, there was a string of bank robberies in France committed by the anarchist Bonnot Gang. This was one of the first cases that made the getaway car an actual thing because cars were so new that police didn’t even have access to them! They used a Delaunay-Belleville to escape authorities and committed a number of murders in the process. Many of the gang members were killed during the pursuit, and others died by execution after they were caught. A few survived.
  2. Al Capone, who most of us know better as “Scarface”, was a famous mobster with high class tastes. Because he was so important to organized crime in the early 1900s, he required certain extravagant protections. That’s why his vehicle of choice was an armored 1928 Cadillac Town Sedan. When you’re invincible, you can always get away.
  3. John Dillinger is a legend, depending on who you ask. He managed to survive an almost hour-long firefight with the authorities, only to then escape in a 1930 Ford Model A. That’s no small feat when the entirety of the FBI is under a single mandate to capture you.
  4. Bonnie and Clyde drove a 1934 Ford during their attempts to evade law enforcement. Of course, the vehicle is riddled with holes now. Not everyone’s getaway story ends in victory, and this is a story that has captivated Americans ever since.
  5. Remember the white Ford Bronco that Al Cowlings drove (very slowly) while helping O.J. Simpson avoid police in 1994? This might just be the most infamous vehicle of all time. Cowlings told police that O.J. had a gun to his head. When they finally arrived at the mansion that O.J. owned, police took him into custody. Yet again, the getaway car proved useless.

Famous Southern California Car Chases

Craziest Car Chases of So Cal

Southern California is known for their sunshine, stars, beaches, and palm trees. Unfortunately, they have become infamous for car chases. There have been criminals fleeing the scene of a crime, stolen tanks, and a couple of guys who were just doing it for fun. The thrill of a car chase really gets the adrenaline of American’s pumping. There is nothing better than watching someone recklessly drive down the 405 freeway in an attempt to get away from the dozens of police cars and helicopters hat are hot on their tail. It’s a bit naïve to think that you can run from the police, but hey, let’s give them an A for effort, am I right?

O.J. Simpson Police Chase – 1994

Let’s start with the most iconic of all of them. For those who do not know, O.J. Simpson is a Hall of Fame football player. He was living in California just after breaking up with his ex-girlfriend. One night, his ex-girlfriend and her boyfriend were found brutally murdered in the front yard of their estate. After an investigation by the police, O.J. was considered the main suspect. When they went to arrest the running back, he fled. It was then; the infamous image of the white Bronco tearing down the 405 freeway with nearly a dozen cop cars following was born. The story was covered by all of the major news networks and for two hours.

Tank Chase – 1995

In 1995, one of the most epic car chases took place in San Diego. The culprit stole a tank. Yup, that’s right; an M-60 tank was stolen. During what quite possibly was the slowest police chase in the history of the world, the driver did a lot of damage. The tank crashed with all sorts of object, rolling over about 40 cars and took down telephone poles and fire hydrants. The car chase ended in a shootout, with the driver of the tank being shot dead.

Bank Robbers – 2012

In 2012, a group of men decided to rob a bank, and flee the scene in a Volvo SUV. The robbers drove through the streets of Los Angeles; the culprits threw money out of the windows. This caused a mob to build behind the car. People were following the car and grabbing as much cash as they could hold. Surprisingly, there were no reported injuries. The bank robbers were eventually stopped and placed under arrest.

The Teacher – 2012

2012 was a great year for car chases. There were two that made this list. The second is a story of a teacher. The teacher was about to be busted for the accusation of performing sexual acts with a student. He took the police for a good run down the 405 and 10 freeways. The teacher did the police a favor and eventually ran himself off of the road. He rolled down a hill and ended up in a car crash with a tree.

The guys who were just having fun…? – 2016

Some people enjoy watching a police chase so much; they decide to get into one. A couple of guys must have been bored on this day in 2016 when they decided to go for a joy ride. With the top down in the rain, the two were seen doing donuts on Sunset Boulevard. A police chase soon ensued and the drivers led them into the surrounding residential area. The police were able to peacefully apprehend the men when they found them giving high-fives and hugs out to residents.

Crime Story: Andrew Cunanan

Crime Story: Andrew Cunanan

Andrew CunananAndrew Cunanan has become sort of an infamous legend as his story is being shared with the world in FX television’s series, American Crime Story: The Assassination of Gianni Versace. In 1997, the infamous killer was the 449th member of the FBI’s Top Ten Most Wanted list. Andrew Cunanan was born of a Filipino American and Italian American parents. During his early childhood, Andrew was considered an intelligent and outgoing boy. As he aged, he began to develop a reputation as a pathological liar. He would tell tall tales about his family and personal life.

When Andrew was 19, his father left his family in an effort to escape embezzlement charges. It was then when he told his mother that he was gay. Andrew and his mother got into a verbal altercation, which later became physical when Andrew threw his mother against a wall, dislocating her shoulder.

The Murders

Andrew’s killing spree did not begin with rich white men, as it ended. His first victim was Jeffrey Trail on April 27, 1997. Trail and Cunanan got into an argument. This led to the belligerent bashing of Trail’s head and body with a claw hammer. He left Trail rolled up in a carpet in his friend David Madson’s apartment.

Cunanan’s second murder occurred about 60-miles north of his first crime scene in Rush City, Minnesota. Andrew murdered his former lover, David Madson, on May 3, 1997. He executed David with multiple gunshots to the back of the head.

It wasn’t long before Cunanan struck again. He drove straight to Chicago to visit Lee Miglin, a real estate tycoon. The very next day, Cunanan left Lee wrapped with duct tape around his head, hands, and feet. According to the reports, Andrew stabbed Lee over 20 times with a screwdriver and used a hacksaw to cut his throat. It was at this point the FBI added Cunanan to the Top Ten Most Wanted list.      

After taking care of Lee Miglin, Andrew began his descent to Miami. On his way, Andrew found his fourth victim, William Reese. Reese was Andrew’s most random murder. The likely reason for William’s death was that Andrew needed a car to complete his journey. Reese was shot to death and his red pickup truck was stolen.

Between his fourth and fifth murders, Andrew hid in plain sight along the coast of Miami Beach for nearly two months. He would even pawn stolen items under his real name, knowing the police would search the records of pawn shops. On July 15th, 1997 Cunanan committed his fifth and final murder, the wrongful death of legendary fashion designer, Gianni Versace.

Just a week later, Andrew Cunanan was found dead on the second floor of a Miami Beach houseboat. It appeared that Andrew had killed himself with the same gun he used for three of his murders. He did not leave a suicide note and was only found with a few personal items.

Charles Manson, Cult Leader

Many people might cite the 1960’s as a decade that prominently featured proponents of peace (and with it, protest of war), love, and vast experimentation with drug use and abuse. Some might also recollect the emergence of one of the United States’ most notorious criminals in history, Charles Manson.

Born in 1934 as Charles Milles Maddox, Manson was deeply influenced by the shifting culture of the 1960’s following several stints that landed him back and forth between prison sentences. Some may attribute this in part to his less-than-stable childhood, having been born by Kathleen Maddox (a prostitute who suffered from alcohol abuse) and William Manson. Following a failed marriage between the two, young Charles was sent to a boys’ school before attempting to return to his mother. Failing in this, Manson lived on the streets which would later turn into prison sentences for petty crimes – he would later end up being imprisoned for half of the first 32 years of his life.

Life outside of prison was not entirely stable for Manson, either. He would marry twice: the first time in 1955 to a hospital waitress named Rosalie Jean Willis, who would later give birth to a son before leaving Manson a year later, and the second time in 1959 to a prostitute named Leona Ray “Candy” Stevens, who also gave birth to a son before divorcing Manson in 1963. Probation reports would describe Manson as, “constantly striving for status and securing some kind of love,” as well as “marked degree of rejection, instability and psychic trauma.”

From 1958 to 1967, Manson served a 10-year sentence at McNeil Island prison, whereupon he began to gather followers later known as the Manson Family cult. Upon his release in 1967, the Family would eventually move to San Fernando Valley, where they would later become one of the most infamous cults in history. It was around this time that Manson began making claims that he was Jesus Christ and prophesying a race war, bringing more followers to his cause.

Despite the family that he had built around himself, Manson still showed signs of rejection from the outside world. The famous Tate-LaBianca murders, one statement says, was the end result of Manson targeting the world of show business through the acts committed at the house of Roman Polanski, where several of his followers murdered four victims, among them the famed actress and wife of Polanski, Sharon Tate as well as coffee bean heiress Abigail Folger. It was on the following night that Manson would personally escort members of his Family to the LaBianca residence where they carried out the murder Leno and Rosemary LaBianca. Although Manson was said never to have directly taken part in the murders himself, he was eventually sentenced to death in 1971 (automatically commuted to life imprisonment). Cited among his motivations included his deep belief in Armageddon and his believed purpose of guiding the black community to rule the world. Manson’s followers also admitted they wanted to commit murders that would “shock the world.”

Manson would spend the rest of his life incarcerated at Corcoran State Prison in California from 1971 until shortly before his death in 2017, when he had been transferred to a hospital in Bakersfield. During that period, he had been denied parole a total of 12 times. Manson would eventually die on November 19th of natural causes at the age of 83; a coroner would later confirm that Manson had suffered primarily from acute cardiac arrest, although other listed causes of death included respiratory failure as well as Manson’s long-standing battle with colon cancer.

O.J. Simpson is Out of Prison. Where is He Now?

Orenthal James Simpson, otherwise known as O.J. Simpson, is a former NFL football player. In 1994 through 1995 he was tried and acquitted for the murders of his second wife Nicole Brown and her friend Ron Goldman. In 2008, he was convicted of arm robbery and kidnapping and served time in Lovelock Correctional Center in Nevada. On October 1, 2017, O.J. was released on parole.

Where is O.J. Simpson now? After being released from Lovelock, O.J. is now living in Las Vegas. For security and privacy reasons, the exact location of his Nevada location is not known to the public. O.J. was used to living in California when he was a wealthy celebrity. However, now, due to his reduced income after his prison stay, California is likely too expensive for his current state of being.

His children Justin and Sydney live in Florida, and Simpson has talked about trying to move to Florida to be closer to them, such as to Naples, Florida. However, the state of Florida, according to Florida Attorney General Pam Bondi, is not particularly welcome to O.J. moving in due to his sordid history.

In any case, Simpson cannot move to Florida without filing transfer papers as part of being on parole. There are other rules, as well, as part of his five-year parole supervision. For example, he will have to keep alcohol consumption to a minimum, and he is forbidden to hang out with ex-convicts.

Even though O.J. is living with an income that is reduced from what he used to have, his pensions, which are not subject to seizure by creditors, could reach as high as $25,000 a month, which is at least $300,000 a year. There is a multi-million dollar civil ruling against him regarding the deaths of Brown and Goldman, but it is unclear if that money will ever be paid.

Take An Acid Bath: John George Haigh

He could be called a chemist, or at least a scientist.

He liked working with corpses. But he performed some very macabre experiments, that weren’t really experiments.

John George Haigh, unlike many scientists, was not working with chemicals in looking to benefit society with his work. He was just doing it for kicks, and it cost several people their lives, their fortunes … and their bodies.

Being called the “Acid Bath Murderer,” though, was a bit misleading – he only used the acid bath after the people were already dead.

Nonetheless, John George Haigh is considered one of the more creepy U.K. serial killers, not Texas for once. He was executed at the age of 40 after being found guilty of killing six people over five years, though he admitted to killing nine people while he was on Death Row. The other three deaths could not be officially attributed to him.

While the number of victims wasn’t staggering, what put Haigh at the height of infamy was what he did with the bodies. The story was revealed that Haigh believed that if a body was never found, he couldn’t be nailed for the murder, so he worked on a disappearing act.

After he either beat or shot his victims, he would grab the dead body, drink a cup of blood (he admitted), stuff the body inside a 45-gallon drum, and pour concentrated sulfuric acid into the drum until the body was submerged. The acid would eat away at the body, and the heat produced by the chemical reaction would even melt the bones. After a couple of days, Haigh would return and empty the drum of the resultant sludge.

Yep, cheery thought, right?

Why did he kill? The general claim was that there was a profit motive. After already serving time in prison for fraud, Haigh would forge documents that would give him power of attorney on behalf of his victims, allowing him to liquidate their assets. It was recorded that he made more than 12,000 British pounds with these sales, which was a lot of money in post-World War II Britain.

The very last victim exposed his “perfect crime,” as not all of the woman’s body had fully dissolved. A couple bone fragments were found, as well as dentures, lipstick and a handbag which were all traced to the most recent victim, a 69-year-old wealthy widow named Olive Durand-Deacon. As police followed up on a missing-person’s report filed by Durand-Deacon’s friend, police searched a property that Haigh was using, and evidence related to several of his other victims were discovered, along with Durand-Deacon’s remains.

The “perfect crime” was foiled, though Haigh certainly tried to get out of it. He first claimed that he was insane because of a tough childhood with an abusive father. But when that didn’t work, he tried the defense of not having a body meaning no conviction. Of course, that ultimately didn’t work either, and he was convicted of six murders and was executed by hanging.