Tuesday, June 30, 2009

BERNARD "BERNIE" MADOFF SENTENCED TO 150 YEARS IN PRISON

The brain behind the fraudulent Ponzi scheme which wiped out investments and savings of thousands of people, got a punishment that he deserved.

Bernard Madoff, 71 year-old, will now spend the rest of his life in prison after Judge Denny Chin sentenced him to 150 years in prison. A jail term that can be compared to a terrorists, traitors and the most violent criminals.

Last week, a judge already issued a preliminary $171 billion forfeiture order stripping Madoff of all his personal property and investments.


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