U.S. District Court Judge Deny Chin, sentenced Bernard Madoff to 150 years, for fraud. Madoff was received the maximum time possible for his horrific crimes. Madoff is responsible for the largest Ponzi scheme in history, and the greatest Freud committed by one person; bilking billions of dollars from trusting investors.
It is said that clients lost up to $65 billion from this scheme. Madoff was the non-executive chairman of the NASDAQ stock exchange and founded founded the Bernard L. Madoff Investment Securities LLC in 1960. Despite Madoff''s impressive career, it was not enough. He was obsessed with the desire to obtain more and more, no matter how he got it and who he destroyed.
Bernard Madoff Will have more than enough time to ponder his crimes in prison. Certainly his conviction and punishment will not bring back the billions of dollars swindled by Madoff, but many get comfort in knowing, he is reaping what he has sown!
Pamela is an ordained non-denominational minister and freelance writer. She is a teacher and evangelist whose passion is to train and motivate Christians to use their gifts and abilities for God's service.
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