Bernard Madoff Sentenced 150 Years In Jail
Bernard Madoff finally been sentenced to 150 years in prison for the biggest fraud in US history, $65bn (£40bn) fraud. This fraud had duped 13,500 investors out of their life savings. They suddenly poor and this fraud shocked the investment world.
With this sentence, Madoff will surely die in prison. People who heard the court decision made the big applause while Madoff just said I am sorry to his victims. Well, sorry will never be enough for what he did. He ruins many people’s life and he has to be responsible for this.
Judge Denny Chin said that Madoff’s crimes were extraordinarily evil. The breach of trust was massive. Madoff was only silent as the 150 year sentence was read out to him.
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June 30th, 2009
Financial News