New York | Bernard Madoff, the one-time senior statesman of Wall Street who in 2008 became the human face of an era of financial misdeeds and mis-steps for running the largest and possibly most devastating Ponzi scheme in financial history, died on Wednesday in a federal prison hospital in Butner, North Carolina. He was 82.

The Federal Bureau of Prisons confirmed the death at the Federal Medical Centre, part of the Butner Federal Correctional Complex.