Do you guys know other scandals similar to the bernard madoff scandal?
The original Ponzi scheme jumps out. Charles Ponzi done a similar fraud back in 1918-1920. You can check out Dona Branca, Nicholas Cosmo, Sergei Panteleevich Mavrodi, Lou Pearlman, Tom Petters, Reed Slatkin, Hakan Yalincak, Brian J. Smart, and Allen Stanford all ran similar schemes.
I would go so far as listing most any pyramid schemes or the so called "airplane" clubs that were going around back in the late 80's.
It's likely he would commit suicide rather than live in prison, but of course, the press/media, at the urging of his family and associates, will tell us that he died of heart failure or some other health condition instead of the shameful truth.