Madoff sentenced to 150 years in prison
(AP) - Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme. U.S. District Judge Denny Chin handed down the sentence in NewYork on Monday. The 71-year-old
News 12 Staff
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Jun 30, 2009, 6:50 PM
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Updated 5,423 days ago
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(AP) - Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme.
U.S. District Judge Denny Chin handed down the sentence in NewYork on Monday.
The 71-year-old 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 Marchand has been jailed since.
