Bernie Madoff appeared in a federal courtroom this morning to find out his fate for carrying out the biggest fraud in financial history. Judge Denny Chin sentenced Madoff to the maximum—150 years behind bars—telling the courtroom that he didn't believe Madoff's claim that he had cooperated with prosecutors, or that he had divulged all he knew about the scheme. Madoff's victims erupted in cheers after the sentence was handed down, Bernie barely reacted to the news, and now Madoff is off to change out of the "immaculate" suit he wore to court today and put on the prison jumpsuit he'll be wearing for the rest of his life. [CNN]
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Madoff Gets 150 Years
- Posted at 11:42AM on Jun 29, 2009
Email- Filed Under: Bernie Madoff, Fraudsters, Sentencings
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