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Madoff sentenced to 150 years
NEW YORK 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 sentenced in New York 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 March and has been jailed since. Posted by: tu3031 2009-06-29 |
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