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noun, verb, Madoffed, Madoffing.
–verb

1. To scam and completely screw over someone financially, especially in cases where a Ponzi scheme is involved.

-noun
2. A person who scams and screws over other people financially often with the use of a Ponzi scheme.
Example 1 (verb):

Guy 1: "He told me it was a good investment so I put all my money into it. It turns out the guy was a crook running a Ponzi scheme. My whole life savings is gone."

Guy 2: "Man! He Madoffed you good!"


Example 2 (noun):

Guy 1: "A couple months ago I gave him a thousand bucks."

Guy 2: "Why? Are you retarded?"

Guy 1: "He said his grandma was in the hospital and he really needed the money. Plus he said he'd pay me back in a week. It's been three months now and he still hasn't paid me back."

Guy 2: "You should have known he was a Madoff. You know he spent all that money on crack the same day you gave it to him."
Madoff by Beavis Comeavis January 9, 2009
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A cock sucking scumbag with no regard for the human race.
Stay away from the madoff
madoff by ericmtuf December 24, 2008
An American Hero who should be appointed in place of Bernake for his patriotism and management talents.
Your brothers feats of heroism in Iraq are Madoff
Madoff by .....................123 September 2, 2009

Madoff Machine 

An ATM-like machine that takes in real money, and spits out fake currency with imaginary value, usually cryptocurrency (bitcoin, etc.)
Steve mistook a Madoff Machine thinking it was a regular bank ATM - now his cash is gone.
Madoff Machine by AL Katraz September 26, 2021

Madoff your account 

I am going to Madoff your account
Madoff your account by Ettebe December 21, 2008

Madoff moment 

When you realize that all the money you had been socking away into investments, has already been spent by someone else. Also, that you would have been better off to have spent it all on really dumb stuff like a Corvette, motorcycles, boats, all sorts of big-boy toys; now all you have is basically, nothing.
I just retired and looked at my investments and had my Madoff moment.
Madoff moment by Guido1 February 21, 2009

madoff scheme 

A lot of people lost their life savings in a Madoff Scheme. Too bad they didn't do their due diligence before handing over their money.
madoff scheme by kajoe June 29, 2009