Jun 29 2009

Madoff Sentence In — 150 Years

Madoff will spend the rest of his life in jail:

Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme.

U.S. District Judge Denny Chin handed down the sentenced in New York on Monday.

…

Attorney Ira Sorkin says the 150 years in prison recommended by prosecutors or the 50 years recommended by the federal probation department are excessive.

Discuss.

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  1. … from the victims:

    “Commit Madoff to prison for the rest of his life,” said Burt Ross, who lost $5 million. “May Satan grow a fourth mouth where Madoff can spend the rest of eternity.”

    Crying, Michael Schwartz said, “My trust fund wasn’t for a house in the Hamptons, a yacht or Mets seats. Part of that money was for my brother who is mentally disabled … [Madoff’s] jail cell should become his coffin.”

  2. 1,500 Billion years?

    • Robyn on June 30, 2009 at 19:17
    • #

    …or was this 30 people giving him 5 years each?

    Inquiring minds.

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