What is Madeoff?
1.
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.
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A phrase normally used by fat middle-aged female journalists to make their fat middle-aged readers feel better about them selves. They u..