Bernard Maydorf, who committed the largest multi-stage financial scam in history, died on the 14th at 82.



Maydorf, who was sentenced to 150 years in prison and incarcerated, died naturally in a federal prison in Butner, North Carolina, USA.



[Jerry Riceman Maydorf / Victim Advocate: No one is saddened by Maydorf's death. People would have wanted him to live a little longer and suffer more in prison.]



Since the early 1970s, Maydorf has raised funds for 37,000 people from 136 countries around the world, and the damage is up to $65 billion, our money. It was close to 73 trillion won.



Celebrities like filmmaker Steven Spielberg and actor Kevin Bacon, as well as world-class financial institutions, have suffered damage.



As a Jewish financial expert, there were many Jewish victims.



[Jerry Riceman Maydorf / Victim Attorney: All the eggs in one basket. I gave everything to Maydorf. How much I believed in Maydorf, I left my fortune and eventually lost all of my property.] As



Chairman of the Nasdaq Stock Exchange, Maydorf raised investment funds while guaranteeing double-digit returns, but did not make any investment.



We put the investment money in a bank account and returned the existing investment money as new investment funds, and we sent fake investment reports to our clients.



The family of Maydorf enjoyed luxury living by buying mansions, yachts and even private jets.



Maydorf's financial scam was revealed when the global financial crisis in 2008 prompted demands to return investment funds.



It is reported that out of the principal investment of $17.5 billion, $14 billion has been recovered so far through the efforts of the trustees.