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To be scammed in a financial, or Ponzi scheme. Money lost is often several millions of dollars.
Steve: You hear about that cheesedick on Wall street that suckered everyone into giving him money, then ran off on his Yacht?

Charles: Yeah, they got Madoffed.
by Client 09 January 09, 2009
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Aug 7 Word of the Day
A celebrity free pass is an agreement between you and your significant other that if you meet said celebrity and there is an opportunity to sleep with them, your partner cannot get mad at you for doing so because you had agreed before hand that this person was your celebrity free pass. It is ideal if both of you in the relationship choose a celebrity free pass so that the playing field is even.
Julia met Drake at a bar, and hooked up with him, knowing that her significant other could not be mad at her, because Drake was her celebrity free pass.
by gingerale011 March 25, 2011
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Have your parents been madoffed?
by lol omg January 07, 2009
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