Bernie Madoff received a sentence of 150 years in a
federal prison today. Madoff's infamous Ponzi Scheme,
cost thousands of investors an estimated 13.2 billion
dollars. But the judge said that was a conservative
estimate and noted Madoff told his sons in December
it was a $50 billion fraud.
federal prison today. Madoff's infamous Ponzi Scheme,
cost thousands of investors an estimated 13.2 billion
dollars. But the judge said that was a conservative
estimate and noted Madoff told his sons in December
it was a $50 billion fraud.
