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Info. This is archived material from the Federal Bureau of Investigation (FBI) website. It may contain outdated information and links may no longer function. Bernard Madoff Sentenced to 150 Years...
June 29, 2009. A criminal saga that began in December with a string of superlatives the largest, longest and most widespread Ponzi scheme in history ended the same way on Monday as Bernard L....
Dec 17, 2008 · Bernard Madoff Sentenced to Maximum for Ponzi Scheme: 150 Years in Prison. Bernie faces victims and apologizes, says there's no excuse for his fraud. By ABC News. December 17, 2008, 11:29 AM.
On June 29, 2009, Madoff was sentenced to 150 years in prison, the maximum sentence allowed. On April 14, 2021, he died at the Federal Medical Center, Butner, in North Carolina, from chronic kidney disease.
- Deceased
- December 11, 2008
Apr 14, 2021 · June 2009: Madoff is sentenced to 150 years in prison and ordered to forfeit $170.8 billion, representing proceeds of and property in his crimes.
Jun 28, 2011 · Citing data that showed Mr. Madoff, who was then 71, could expect to live about 13 more years, Mr. Sorkin asked for a term of 12 years — “just short of an effective life sentence,” as he...
Apr 14, 2021 · Mr Madoff had been serving a 150-year sentence after he pleaded guilty in 2009 to running a Ponzi scheme, which paid investors with money from new clients rather than actual profits. It...
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