Madoff sentenced to 150 years behind bars.
Federal judge showed no pitty to the Ponzi mastermind. Bernie madoff got sentenced to the maximu possible sentence of 150 years in federal court on monday.
“i live in a tourmented state for all the pain and suffering i created. I created a legacy of shame. It is something i will live with for the rest of my life.” Madoff said.
Turning to face his victims he said “Saying i’m sorry is not enought. I turn to face you. I know it will not help. I’m sorry.”
“How can you excuse betraying thousands of investors?” he asked. “How can you excuse deceiving hundreds of employees? How can you excuse lying to and deceiving your wife who still stands by you?”
“We implore you to give the maximum sentence at a maximum prison for this deplorable low life, this is a violent crime without a tangible weapon.” said one of the victims before madoff spoke in court.
Lawyer Ira Lee Sorkin, who represents Madoff, asked for a 12-year sentence. In a letter to the judge, Sorkin explained that his 71-year-old client “has an approximate life expectancy of 13 years”
Federal judge showed no pitty to the Ponzi mastermind. Bernie madoff got sentenced to the maximu possible sentence of 150 years in federal court on monday.
“I live in a tourmented state for all the pain and suffering i created. I created a legacy of shame. It is something i will live with for the rest of my life.” Madoff said.
Turning to face his victims he said “Saying i’m sorry is not enought. I turn to face you. I know it will not help. I’m sorry.”“How can you excuse betraying thousands of investors?” he asked. “How can you excuse deceiving hundreds of employees? How can you excuse lying to and deceiving your wife who still stands by you?”
“We implore you to give the maximum sentence at a maximum prison for this deplorable low life, this is a violent crime without a tangible weapon.” said one of the victims before madoff spoke in court.
Lawyer Ira Lee Sorkin, who represents Madoff, asked for a 12-year sentence. In a letter to the judge, Sorkin explained that his 71-year-old client “has an approximate life expectancy of 13 years”
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