Madoff sentenced to 150 years in prison
(AP) - Bernard Madoff has been sentenced to 150 yearsin prison for his multibillion-dollar fraud scheme. U.S. District Judge Denny Chin handed down the sentenced in NewYork on Monday. The 71-year-old
News 12 Staff
•
Jun 29, 2009, 11:41 PM
•
Updated 5,421 days ago
Share:
(AP) - Bernard Madoff has been sentenced to 150 yearsin prison for his multibillion-dollar fraud scheme.
U.S. District Judge Denny Chin handed down the sentenced in NewYork on Monday.
The 71-year-old former Nasdaq chairman was arrested late lastyear after confessing to his sons that his secretive investmentadvisory business was a "big lie."
He pleaded guilty to securities fraud and other charges in Marchand has been jailed since.
