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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.
madeoff by vson60 January 11, 2009
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Being ripped off by unscrupulous people, due to

your own complacency and being TOO LAZY to

pull out a $2 calculator. See: Embezzlement
Looks like someone in eBay is doing a "Madeoff":

December "New fees": $14.55
Line Item actual amount: $14.43 (1%)

November "New Fees" = $24.56
Line Item actual amount: $24.31 (1%)

Ebay customer support agrees there is a
computer error, has existed since 2004!

So this particular scam: SIX YEARS!

Grocers do the MADEOFF:
1 gallon milk: $3.98
half gallon: $1.98 (cheaper to buy 2 of these!)

By being a businessman: I do the Madeoff everyday!
Madeoff by Kill_the_Bill January 8, 2010

Burnie Madeoff 

An irritably sarcastic term for someone who spends foolishly/wastefully (money burns a hole in his pocket), habitually fails to repay loans (he made off with the money and nobody ever saw it again), or is otherwise irresponsible with money to a major degree.
Dude #1: I was asked for a loan of ten bucks by Jack Smith; I wondered what you thought of his reliability in paying it back.
Dude#2: Jack Smith?! No way, Buddy --- you don't wanna give **anything** to that moochin' jerk --- he's just a Burnie Madeoff!
Burnie Madeoff by QuacksO May 6, 2018

r/MadeOfStyrofoam 

A subreddit where people who self harm go on to relate to others who have similar issues. Often times you will see memes (often self-deprecating) and rants. It's often shorted as r/MoS, and they have a certain lingo. For example, styrofoam (or 'styro') refers to the dermis layer of the skin, which is white and resembles styrofoam. Yeeting is the act of self harming, and yeeting bois/slicey bois is the tool they use to hurt themselves with. This subreddit is not for everyone.
r/MadeOfStyrofoam doesn't glorify self harming, but rather serves as a sanctuary for those who do, and it doesn't matter how "bad" you have it, you're still valid all the same. Please don't hurt yourself, Reader. It's not worth it. Trust me, I know. I seem like a faceless words on a screen, but I too have a backstory, and you probably do too since you've looked it up. You've no reason to listen to me, and you probably won't. And due to the limitations the online worlds gives me, I can't stop you. I just hope my words reach and help someone in the world.
r/MadeOfStyrofoam by Magic kitty April 10, 2022

Bernard Madoff 

(nicknamed Bernie Madoff): alongside Nicolas Fouquet, Conrad Black, Jacques Chirac and Michel Platini, IMHO one of the top 5 most corrupt individuals in the Western world (as of May 2013).
The United States knew what they were doing when they sentenced Bernard Madoff to 150 years in jail for his ponze scheme; IMHO the Charbonneau Commission should do the same with all Canadians convicted of fraud and tax evasion.

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

Madoffed 

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.
Madoffed by Client 09 January 9, 2009
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That ol' gal of mine drives the 12 lane freeway during the week and a John Deere on the weekends. She likes opra and the Grand Ol' Opry. I love them countrypolitan women.
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That chick doesn't write often but when she does, its for Kinktober.
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