Swindler Madoff sentenced to 150 years in prison Bashny.Net

Bernard Madoff, the founder of the largest in US history, a Ponzi scheme, was sentenced Monday to the maximum penalty - 150 years in prison, reports "Interfax" referring to agency Bloomberg. That is such a period for him, prosecutors demanded.


According to AP, the defrauded investors greeted the verdict with applause and shouts of joy.

Madoff appeared in court for the first time since March 12, when he pleaded guilty to creating a grand fraudulent scheme. "I'm not asking for forgiveness," - he said in court. He also added that he deliberately misled his brothers, sons and wife.

Madoff was found guilty of securities fraud, illicit sending deceptive e-mail messages, fraud with the use of electronic means of communication, money laundering, fraud in the field of investment advice, false statements, perjury, filing false statements with the SEC and theft of funds from the Fund payments to employees - only 11 points.

Madoff scam, a veteran Wall Street, lasted from the 1980s through to them by the scheme was about 170 billion dollars. The money of new investors used them to pay interest on old deposits, is then carried out a total fake all the documents testify to invest.

As a result, thousands of customers of Madoff's actions, which included major banks, charities and well-known people, including, according to some, and Russian oligarchs have lost tens of billions of dollars.

Earlier, the court decided to confiscate property the couple Madoff - up to the silverware - and wield it with a hammer to repay debts. Financier's wife Ruth Madoff will lose about $ 80 million - in the same amount estimated property recorded on Ruth. The woman left the court allowed only 2, 5 million.

Against Ruth Madoff no charges have been put forward, although, according to the investigation, a week before the arrest of her husband, Ruth took off from the accounts of 15, 5 million dollars, reminds Infox. In court, it was unable to prove that has acquired so much money righteous path. According to the investigation, they were received as a result of her husband's fraud. Bernard Madoff himself had previously written a petition, which asked the court to leave his wife for property and shares worth 70 million, since, according to him, the money obtained in an honest way, and not as a result of fraud.

Now Madoff, in particular, will lose their apartments in Manhattan $ 7 million mansion in Florida (11 million), the house on Long Island (3 million), as well as luxury yachts and cars.

Other assets that take away the fraudster, will account to the corporation Cohmad Securities, estimated at about 50 million, and Wachovia Bank, where Madoff store up to 13 million dollars. Tens of millions are also written off from the accounts of relatives, friends and subordinates investors who were involved in criminal schemes financier.