Madoff Sentenced To Maximum 150 Years In Prison
Posted on June 29th, 2009 by Carl Vanderpal
Convicted swindler Bernard Madoff was sentenced Monday to 150 years in prison for stealing billions of dollars from hundreds of investors over decades in one of the largest Ponzi schemes in history. U.S. District Judge Denny Chin called the scope of the fraud "staggering" and gave the 71-year-old financier the maximum sentence allowed, ensuring Madoff would live out his days behind bars. The probation department had recommended a 50-year term, while the defense lawyer had sought 12 years behin
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