Madoff sentenced to 150 years in prison
(AP) - Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme. U.S. District Judge Denny Chin handed down the sentence in NewYork on Monday. The 71-year-old
•
May 27, 2014, 9:42 PM
•
Updated 3,866 days ago
Share:
(AP) - Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme.
U.S. District Judge Denny Chin handed down the sentence in NewYork on Monday.
The 71-year-old former Nasdaq chairman was arrested late last year after confessing to his sons that his secretive investment advisory business was a "big lie."
He pleaded guilty to securities fraud and other charges in Marchand has been jailed since.
More from News 12
1:21
Fatal shooting leaves lakefront Mamakating community on edge
2:02
Cold finish to the week with rain for the weekend in the Hudson Valley
1:31
Village of Nyack businesses show gratitude for local holiday shoppers
0:25
New York to charge fossil fuel companies for damage from climate change
1:08
The day after Christmas: Hudson Valley shoppers flock to malls for returns
0:43
