Monday, June 29th, 2009

Bernard Madoff sentenced to 150 years in prison for massive financial scam

In a New York City courtroom today, U.S. District Judge Denny Chin sentenced Wall Street insider Bernard Madoff to 150 years in prison, following his March 12 guilty plea for a Ponzi scheme that may have raked in $65 billion over more than two decades, according to Bloomberg.com.
The financial news service reported:
“I don’t ask for [...]

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