Who was Bernie Madoff, recently seen in news?
A. Popular TV anchor
B. NASA Scientist
C. Wall Street financier
D. Astronaut
Explanation:
Bernie Madoff, the Wall Street financier who was sentenced to 150 years after being convicted for what came to be known as the largest and most devastating Ponzi scheme in financial history passed away in a prison hospital in the US. A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
