Disgraced financier Bernard Madoff, 71, 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. The former Nasdaq chairman was arrested late last year after confessing to his sons that his secretive investment advisory business was a "big lie." He pleaded guilty to securities fraud and other charges in March and has been jailed since. Bernard Madoff has apologized to his family and to the victims of his multibillion-dollar fraud scheme.
He said at his sentencing that he "will live with this pain, this torment, for the rest of my life." Really? Not as much pain as the people who lost their life savings and are now penniless today. This POS will not see freedom again and the government should seek to bring charges against his wife next. She knows way more than she has let on.
Hat tip to Simon Owens of
Bloggasm for sending me this hilarious screen shot.
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