Bernie Madoff Gets 150 Years for Ponzi Scheme
Monday, June 29, 2009
New York, NY –
The sentence was handed down to convicted investor who defrauded thousands of clients to the tune of almost $65 billion. Federal judge Denny Chin handed down the maximum sentence to Madoff in a downtown courtroom. Madoff victims who attended the proceedings errupted in applause and cheers when they heard. WNYC's Arun Venugopal was at the courthouse, watching the often-emotional proceedings from an overflow room.
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