Bernard Madoff has been sentenced to 150 years in prison in New York, USA. The judge called his crimes “extraordinarily evil” and handed him the sentence asked for by prosecutors, for fraud charges that grew out of his massive Ponzi scheme. Madoff pleaded guilty to the charges: securities fraud, mail fraud, wire fraud, investment adviser fraud, three counts of money laundering, false statements, perjury, false filings with the SEC, theft from an employee benefit plan. Bloomberg, New York Times
Posted by Ellen Wallace on 29 June 2009 at 17:59 |
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This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 29 June 2009.
Filed under: World news
Tags: Bernard Madoff, charges, New York, Ponzi scheme, prison, sentence, USA
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