Come along for a tale of financial shenanigans. 

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Bernie Madoff was a financial advisor who ran a massive Ponzi scheme, the largest in history. A Ponzi scheme is a fraudulent operation that pays returns to investors from funds contributed by new investors rather than from any legitimate investment activity. Madoff's scheme defrauded thousands of investors out of tens of billions of dollars over many years.

Here's a summary of what Bernie Madoff did:

• Created a fake image of success: Madoff cultivated a reputation for being a successful and trustworthy investment advisor.