June 29, 2009 (Year of the OX leap May seventh day) the main culprits of the "Ponzi scheme" Madoff was sentenced to 150 years in prison. world financial history



largest financial fraud case of principal Bernard Madoff local time on the 29th Federal Court in the Southern District of New York sentenced to 150 years in prison, aged 71 Madoff will spend the rest of his life in prison.
2009 29, the attention of the world Madoff financial fraud finally results. Not expected by the public, Madoff was sentenced to 150 years in prison.
Madoff trial began in New York local time at 10:00 on the 29th, after nearly one and a half hours of court statement, the judge in the case of almost no dissenting voices at 11:30 smoothly read out Madoff's judgment. the
as early as before the commencement of the trial, outside the court gathered a large number of victims of the Madoff case and media reporters. When the verdict was announced, many victims feel the satisfaction of everyone. the
In the interview, some respondents addition to the accused Madoff's deception acts also proposed reform of the SEC.
Madoff's wife, Ruth Madoff has been recently agreed to waive about $ 80 million fortune, leaving only $ 2.5 million in cash, which reached a settlement agreement with federal prosecutors. This agreement has been the approval of the Federal Court in the Southern District of New York Judge Denny Chen. Finalize this agreement, the court also ordered the confiscation of about $ 170 billion Madoff property, because the prosecution that flows into the Madoff investment company under the name of funding to reach the level of. (TodayinHistory.cn)
Madoff fraud case involving more than $ 60 billion, the largest for the world financial history "Ponzi scheme". December 11 last year, Madoff was arrested on suspicion of financial fraud. (Lsjt.org)

Review: Before the incident, the money to vote for Madoff was a status symbol