Because Madoff once defrauded tens of thousands of people worth more than 65 billion US dollars, this was a huge scam.

Madoff relied on his status as a master and his image as a charitable philanthropist to defraud for nearly 20 years.

After investigation, it was found that Madoff never executed the so-called investment, but simply deposited the money in the bank and used the money in the bank to pay the client's income. The so-called investment income was fictitious. It can be said that this was a scam.

Huge scam.

Madoff died in prison at the age of 82.

Madoff died at the Federal Medical Center in Butner, North Carolina. It was reported that Madoff died of natural causes, and Madoff suffered from chronic renal failure and other diseases before his death. His lawyer also filed a lawsuit, hoping that the law would show mercy.

released, but the law rejected the application.

Madoff planned the largest investment fraud in American history. Many people were deceived from different countries and regions, more than 30,000 people were victims, and 65 billion US dollars was defrauded in one day.

Be cautious when investing to avoid being deceived.

In recent years, many new fraud methods have emerged. I think we should improve our own security awareness to prevent being deceived, especially young people. They are new to society, lack experience in all aspects, and are not very mature mentally. Therefore, there are many young people.

A prime target for criminals.

I think schools, teachers, and parents all have certain responsibilities. They should regularly cultivate students' anti-fraud awareness and learn to protect themselves. The cases of being defrauded in the society can alert students to improve their anti-fraud awareness, and they need to be cautious when investing.

Don't be greedy for petty gains and stay away from strangers.

Sometimes people close to us will recommend us to do something to make money. I don’t think we should believe it easily, because there are many cases of cheating by close relatives. After investing, we will lose everything, so whether we are targeting those close to us,

Whether you are a stranger or a stranger, you must adopt a cautious attitude and do not be greedy for petty gains.

Many times we have to look for the reasons within ourselves, and we should not be too vain, stay away from strangers, and be cautious in making friends.