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-Lurid Crime Tales-
Madoff loses bail appeal as victims' rage revealed
2009-03-22
A US appeals court on Friday denied bail to Wall Street fraud convict Bernard Madoff, as prosecutors highlighted public outrage in a slew of emails demanding retribution. The three-judge panel at the US Court of Appeals in New York upheld a lower court's decision to jail Madoff until his June 16 sentencing, saying that the disgraced money manager might try to escape.

Madoff (70) faces up to 150 years in prison for fraud, money laundering, perjury and theft. Friday's ruling effectively means he may never spend a night outside a cell again.

For Madoff's thousands of victims -- unaware over at least two decades that he was stealing billions of dollars worth of their investment funds -- a life sentence is barely enough.

Emails sent to the judge who presided during Madoff's guilty plea last week boil with anger at the once-respected Nasdaq chairperson, as well as bewilderment at the slow pace of the probe into his giant fraud.

"You are a murderer ... You are a rapist ... You are a larcenist," a victim writes in one of approximately 100 emails released to the media by prosecutors.

"You must be void of any human emotion, which makes you truly evil," another writes.

Victims represented in the emails run the gamut from rich investors who lost millions in Madoff's Ponzi scheme to those who invested much smaller amounts and now find themselves bankrupted.

One suggests to the court that Madoff be made to work in a supermarket, clean public toilets and "stand on corners and announce in 101 ways how he's a creep".
Posted by:Fred

#3  bridgeportBig

Awesome Eagle no?
Posted by: Shipman   2009-03-22 12:37  

#2  I sense that the late great Barnum was wrong.... it's way the hell more than 1.


10 cents to see the Egress kidz.
Posted by: Shipman   2009-03-22 12:31  

#1  let him out and lets get a pool going too see how long he makes it
Posted by: rabid whitetail   2009-03-22 11:01  

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