1 definition by vson60

to take, steal or lose someone's money or investments without a care or apparent concern especially when the sums are by the multi millions or billions.
to "madeoff" with somebody's pensions fund. A pun on Bernie Madoff the world's most notorious ponzi schemer who is accused of losing $50billion of OPM or other people's money.
by vson60 January 11, 2009

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