Shocking CEO downfalls

Published On: Mar 01 2013 12:16:03 PM CST   Updated On: Jun 19 2014 07:45:12 AM CDT

American Apparel's controversial founder and CEO is the latest to make a shocking departure.

Bernard Madoff leaving court
14 / 23
Shannon Stapleton/Reuters

Bernard Madoff (Bernard Madoff Investment Securities) -- In one of history's biggest swindles, Madoff's decades-long, $65 billion Ponzi scheme came to a screeching halt with his December 2008 arrest and earned him 150 years in prison. He had been widely regarded as a pillar of the investment community, and his son later committed suicide over the charges.

Upload Photos / Videos