Friday, July 1, 2011

29-6-2009: Madoff sentenced to 150 years in prison

VIVAnews -exactly two years ago, a court in the United States condemns prison Bernard Madoff, fraud perpetrators, for investment business under the pretext of 150 years. Manhattan Court stated that as a punishment for people who are trying to message mimics the penipuannya and the victims in need of restoration.

Obviously, the verdict of the judges of the Court of Manhattan, New York, applause greeted the attendees of this session. Judge Denny Chin dropped the maximum criminal defendant to 71-year-old mercilessly and he had to live "with this affliction, for the whole of the rest of his life."

Chin denied the request of lawyers for legal leeway. Madoff "The message here is Mr Madoff has done a tremendous evil crime and this kind of manipulation is not only a mere crime of efforts made through the paper, but also is a crime that shocked," said Chin as reported by the news agency the Associated Press.

The judges estimated that Madoff had caused losses of at least US $ 1 billion or approximately Usd 130 billion. These losses have not put money from the Fund the followup. "Objectively, these scams are staggering," said Chin.

A victim so emotionally to hear the verdict. "Life like hell. Feels like a nightmare that we could not get up again, "said Carla Hirshborn.

"He stole from the rich. He stole from the poor. He stole from those in the Middle, "said Tom Fitzmaurice rivers, the other victims. "She's fooling the victim so that money can make him results penipuannya and his wife live in luxury beyond imaginable."

Pemidanaan Madoff had followed the seizure of its assets. One week earlier, Madoff wealth valued at US $ 171 billion should be confiscated, which includes housing, investments, and assets of US $ 80 million held by his wife, Ruth.

Madoff was previously known as a symbol of greed of Wall Street. She is known to have a reputation as an investment manager with the Midas touch. His clients are notable people ranging from Director Steven Spielberg and actor Kevin Bacon. Madoff for decades produced double digit percentage profit.

However the end of 2008, Madoff fraud terkuaklah. All of the "investment" is just a big lie. American federal police also lend a hand mencokok Madoff, until it was brought to court.

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