CASE FILEREF: BERNARD-MADOFF
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Bernard Madoff

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Case Notes

Convicted financier who asked President Trump to reduce his prison sentence

INTELLIGENCE SUMMARY

Bernard Madoff has no documented direct involvement in Jeffrey Epstein's crimes. His name appears in the Epstein case solely as a comparative reference made by Leslie Wexner during a deposition. Wexner testified that Epstein was far worse than Madoff, stating: "He would make Bernie Madoff look like a boy scout. So complete — so diabolical. I mean, just incredible, sinister." This was Wexner's way of contextualizing the severity of Epstein's alleged theft and misconduct. Peripheral overlaps between the two men have been noted: both were wealthy financiers with Palm Beach estates, both banked at JPMorgan Chase, and Epstein reportedly bid on an apartment building that had previously housed Madoff. However, none of these constitute evidence of collaboration or shared criminal conduct. Madoff is not mentioned in any unsealed Epstein court documents as a participant, associate, or co-conspirator in Epstein's sex trafficking operation. He was convicted and sentenced to 150 years in prison in 2009 for operating a massive Ponzi scheme — entirely separate from the Epstein case. Madoff died on April 14, 2021, at the Federal Medical Center in Butner, North Carolina, from chronic kidney disease, while still serving that sentence.

Determination Timeline

CONTEXT ONLYrecorded Feb 27, 2026

Document References (0)

NO DOCUMENT EVIDENCE ON FILE.

Media Coverage (4)

Leslie Wexner says Epstein makes 'Bernie Madoff look like a Boy Scout,' doesn't directly answer why he never reported alleged massive theft: Deposition

ABC NEWS

Leslie Wexner, founder of Victoria's Secret, testified under oath that Epstein was worse than Bernie Madoff: 'He would make Bernie Madoff look like a boy scout.…

Epstein bids for 'gilded cage' that housed Bernie Madoff, Dominique Strauss-Kahn

CRAIN'S NEW YORK BUSINESS

Jeffrey Epstein reportedly bid on an apartment building that previously housed both Bernie Madoff and Dominique Strauss-Kahn — a peripheral real estate overlap …

What Did Madoff, Jeffrey Epstein and Sanctioned Russian Mercenary Group, Wagner, Have in Common? They All Banked at JPMorgan Chase

WALL STREET ON PARADE·Sep 1, 2024

Both Madoff and Epstein maintained accounts at JPMorgan Chase, which faced scrutiny for enabling financial crimes by both men, among others.

Bernie Madoff, mastermind of the nation's biggest investment fraud, dies at 82

CNBC·Apr 14, 2021

Bernie Madoff died April 14, 2021, at the Federal Medical Center in Butner, NC, from chronic kidney disease. He was serving a 150-year sentence for his Ponzi sc…

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EPSTEIN INVESTIGATION // DOJ DOCUMENT RELEASESLAST STATUS CHECK: March 20, 2026