Bernard Madoff Gets 150 Years in Jail for Epic Fraud (Update7)
June 30th, 2009 -- Posted in Today | No Comments »June 29 (Bloomberg) — was sentenced to 150 Years in federal confinement for masterminding the Largest Ponzi wile in History, a penance six times longer than those meted out to the leader executives of WorldCom Inc. and Enron Corp. Madoff appeared today before U.S. District Judge in New York for the Primary moment since his March 12 remorseful appeal in an epic trickery that may have reached $65 billion in both existent and spectre investments.
“I don’t inquire for any forgiveness,” said Madoff, 71, wearing a Single-breasted charcoal gray for and argosy obscene tie as he stood before the judge. The lucre manager said he deceived his brothers, his two sons and his wife, none of whom was in the courtroom. The audience explode into praise as Chin imposed the zenith sentence. Madoff was then led off by U.S. marshals.
Tags: madoff, manhattan, ponzi, scheme