 Those investors included family trusts, charities, colleges, pension funds, hedge funds, celebrities in the worlds of entertainment, sports, architecture, and business, and individuals like Behar's Aunt Adele. Madoff was arrested in 2008 and died in 2021 in a federal prison in Butner, North Carolina. He was 82. The story isn't over. There's still more than 100 legal battles surrounding Madoff's scam.