Bernard Madoff Sentenced to Maximum for Ponzi Scheme: 150 Years in Prison

Notorious Ponzi scammer Bernie Madoff has been sentenced to the maximum 150 years in prison for the $65 billion fraud that swindled his many devastated victims. Judge Denny Chin said the sentence was a symbolic one for a crime that showed "extraordinary evil" and "took a staggering human toll." Madoff, addressing the court in a dark suit, white shirt and black tie for about six minutes, said that when he started the scam, he thought he'd be able to "work my way out." He said he lives in a...Full Story
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