Monday, June 29, 2009
MarketWatch.com brings us the following good news and their report starts off like this… Lev L. Dassin, the Acting U.S. Attorney for the Southern District of New York, and Joseph M. Demarest, Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (FBI), announced that Bernard L. Madoff was sentenced today in Manhattan federal court to 150 years in prison for perpetrating a Ponzi scheme that resulted in billions of dollars of losses to thousands of investor-victims… U.S. District Judge Denny Chin, in sentencing Madoff, stated, "Objectively speaking, the fraud was staggering" and that "the breach of trust was massive." Judge Chin described Madoff's crimes as "extraordinarily evil" and said that Madoff's was "not merely a bloodless crime that takes place on paper but one that takes a staggering human toll."…
Read the rest at link below…
Bernard Madoff Sentenced to 150 Years in Prison
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This news Video posted on YouTube by itnnews
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AubreyJ………
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