A sweet deal on a house or apartment, presumably in the general area of NYC or Palm Beach, which is a direct result of its owner having sustained a significant loss in the Bernie Madoff fraud.
Julianna: We just bought Julia's Palm Beach home last week for a fraction of what it's really worth, what a Bernie Madoff Bargain.
The poor woman was fleeced by Bernie and she needed to raise cash fast.
The poor woman was fleeced by Bernie and she needed to raise cash fast.
by WeirdBlitzBoy April 15, 2009
Get the Bernie Madoff Bargain mug.A wake-up call to learn how to invest your own money instead of relying on others to do a worse job than you could have done guessing.
by UltimateFakePunk December 26, 2008
Get the Bernie Madoff mug.Related Words
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.
–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."
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."
by Beavis Comeavis January 9, 2009
Get the Madoff mug.To screww thousands of people out of their hard earned money. To think that you are above the law by pocketing billions of dollars and not thinking you did anything wrong. To try and have your witch of a wife help you hide millions of dollars in jewelry.
Bernie Madoff took my money, promised me 15 percent in return but I got jack.
Yo I gave John a ten to get me coffee but I got nothing in return. I think he's got Madoffitis.
Yo I gave John a ten to get me coffee but I got nothing in return. I think he's got Madoffitis.
by Kevin Egan February 11, 2009
Get the Madoffitis mug.A well fitting, deserved, and appropriate nickname for the world's biggest con artist Bernie Madoff, a man who swindled $65 billion and got 150 years in Federal prison in Butner North Carolina doing so.
What Bernie Madoff is to the early 21st Century is what Charles Ponzi is to 1920. So Bernie Madoff deserves the nickname, Ripoff Madoff.
by Viscount Druitt December 10, 2019
Get the Ripoff Madoff mug.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.
by kajoe June 29, 2009
Get the madoff scheme mug.Someone who has gone from being wealthy on paper to stone cold busted after finding the millions on paper were either fraudulent from the outset or stolen.
Jack had been living pretty well in Miami Beach during his retirement, but then he turned out be a Madoff Millionaire, so now he works as a greeter at Wal-Mart and lives in a trailer.
by PaulNYC January 11, 2009
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