Bernard Madoff was sentenced to 150 years in jail, the maximum sentence allowed for his crimes.
U.S. District Court Judge Denny Chin during Monday’s sentencing called Madoff’s crimes “staggering.”
Madoff, 71, confessed to bilking investors of up to $65 billion in his Ponzi scheme.
Prosecutors had sought the 150-year sentence. Madoff’s lawyers had asked for leniency and a 12-year sentence.
Chin noted that not one of Madoff’s friends or family members asked for leniency for Madoff, and that Madoff had not fully cooperated in the investigation into his crimes, according to the Washington Post.
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The sentence is fair and deserved. However, let us not forget his collaborators in the NY bureau of the SEC who allowed this souless monster to perpetuate such an obvious scam for years and years and into the multi-billion dollar figures. Where are their prisons sentences? And what about his family? Why is his wife allowed $2 million? Or his sons, who worked in his firm? Where are all the other prison sentences? Where is the Madoff-gate investigation? Throw the NY Bureau of the SEC into jail, for God's sake, and every other collaborator! Where is the justice in this country????
Ideally he should be executed for his crimes against the National Community; that said the 150 year sentence he drew today was more than just. Let him now feel the suffering he brought to others.