Bernie Madoff sentenced to 150 years in prison
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Stumble ThisThe disgraced financier Bernie Madoff has been sentenced to the maximum 150 years in prison for masterminding a $65bn (£38bn) fraud that wrecked the lives of thousands of investors.
The US district judge Denny Chin described the fraud as "staggering" and said the "breach of trust was massive" and that a message was being sent by the sentence. There had been no letters submitted in support of Madoff's character, he said. Victims in the courtroom clapped as the term was read out.
Guardian
The US district judge Denny Chin described the fraud as "staggering" and said the "breach of trust was massive" and that a message was being sent by the sentence. There had been no letters submitted in support of Madoff's character, he said. Victims in the courtroom clapped as the term was read out.
Guardian
