Sentencing Law and Policy: "Will Madoff ever leave prison alive?"
"Will Madoff ever leave prison alive?" The title of this post is the headline of this new piece at CNNMoney. Here is how the piece starts: Convicted Ponzi scammer Bernard Madoff will probably spend the rest of his life in jail. On June 29, Judge Denny Chin of the U.S. District Court in New York sentences the 71-year-old. The maximum sentence is 150 years in a federal prison, based on Madoff's guilty plea to 11 criminal counts, including fraud, money laundering, perjury, false filing with the Securities and Exchange Commission, and other crimes. "[The Ponzi scheme's] effect on society wa...
Source: typepad.com