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Financier Bernie Madoff, who swindled thousands of clients out of billions of dollars, has died in prison. The 82-year-old passed away from natural causes at the Federal Medical Center in Butner, North Carolina, the Associated Press reported. He was put behind bars in 2009 after pleading guilty to defrauding thousands of clients out of billions of dollars in investments over several decades, and was serving a prison term of 150 years. It is estimated that investors put $17.5bn into Madoff's business, with $13bn having been recovered so far. In what was the largest Ponzi scheme in history, Madoff told clients that they had holdings of $60bn in his company Bernard L. Madoff Investment Securities. Advertisement But in actual fact, investigators said he used the money paid to him by clients to make deposits to new investors, and that he had not made a trade for his advisory clients in years by the time of his arrest in 2008. Madoff pleaded guilty … [Read more...] about Bernie Madoff: Fraudster who swindled clients out of billions dies in US prison

David Beckham will mentor young grassroots footballers in a new Disney+ factual series. The sports star, who has played for clubs including Manchester United and Real Madrid, will return to the east London pitches where his life in the game began, to support a struggling team. The former England footballer will take the players, their coaches and communities on "an uplifting, transformative journey of a lifetime," according to Disney. The show, called Save Our Squad, will be made by production company Twenty Twenty and Studio 99, the global content and production studio co-founded by Beckham. "It is fantastic to be making Save Our Squad with Twenty Twenty and to shine a light on the kind of grassroots football that I experienced growing up," he said. Advertisement "I was so fortunate to have a long and successful playing career and now to have the opportunity to give back to these communities as a mentor is incredible." Sean Doyle, who will … [Read more...] about David Beckham to mentor young footballers in new Disney+ series

Rolling Stones legend Mick Jagger has teamed up with Foo Fighters frontman Dave Grohl for a surprise lockdown-themed track. The thumping rock-song written by Jagger is called Easy Sleazy, and features the performer on vocals and lead guitar, backed by Grohl on drums, bass and backing guitar. A video released alongside the song shows both stars performing the track remotely in what looks to be separate studios. I wanted to share this song that I wrote about coming out of lockdown, with some much needed optimism - thank you to Dave Grohl @foofighters for jumping on drums, bass and guitar, it was a lot of fun working with you on this-hope you all enjoy Eazy Sleazy! https://t.co/7FoI5T36aU — Mick Jagger (@MickJagger) April 13, 2021 The track is about the coronavirus -enforced lockdown, with the lyrics referring to Zoom calls, "football's fake applause" and "stupid" TikTok dances. The song goes on to cover the amount of food and drink consumed over … [Read more...] about Rolling Stones legend Mick Jagger teams up with Foo Fighters’ Dave Grohl for surprise lockdown-themed track

Over 100 million COVID-19 vaccinations have now been given in the EU - and a major extension to the European Commission's contract with Pfizer-BioNTech has been announced. European Union countries will receive 50 million more coronavirus vaccines produced by Pfizer-BioNTech in the second quarter of 2020, head of the commission Ursula von der Leyen said, as deliveries expected at the end of the year will be brought forward. Live COVID updates from the UK and around the world Today we have reached 100 million vaccinations in the EU. A milestone we can be proud of! #StrongerTogether https://t.co/eK09vYhcnG — Ursula von der Leyen (@vonderleyen) April 14, 2021 Ms von der Leyen said the earlier deliveries, which will start this month, will take total supplies to the EU from Pfizer to 250 million doses in the second quarter of this year. She also confirmed the Commission was in talks with the two companies for a new contract for 1.8 billion … [Read more...] about COVID-19: EU hits 100 million vaccine doses – and announces major extension to Pfizer deal

Easyjet's boss said he expected popular destinations such as Spain, Italy, Greece and Portugal to be on the government's "green" list when foreign travel resumes next month. Foreign holidays will be subject to a traffic light system if they resume as hoped on 17 May, with some experts expecting the lowest-risk list of countries could be limited to the likes of Iceland, Malta and Israel. But easyJet chief executive Johan Lundgren said he expected all major European nations would be among "green" destinations meaning travellers will not need to self-isolate on their return. Those entering the UK from "amber" locations will have to quarantine for 10 days while arrivals from "red" countries will have to isolate in hotels, under government plans. The Department for Transport has said it will categorise countries "by early May". Advertisement Mr Lundgren has been critical of the plans because they will mean even passengers from "green" countries having … [Read more...] about COVID-19: Most European countries should be on ‘green’ travel list next month, says easyJet boss