In the end, he got what was coming to him. Wall Street swindler Bernie Madoff was recently sentenced to a prison term of 150 years for masterminding the world’s largest Ponzi scheme. It is estimated that Madoff stole approximately $65 billion from his clients that included friends, charities, celebrities, and ordinary people who trusted him. Since the early 90s, Madoff and his wife lived the life of luxury and virtually endless abundance. At age 71 however Madoff will spend the rest of his life in jail. It just goes to show that wise investing should probably be done by you.