Boxing, PRC Exam Result, Korean TV Series » Ponzi Scheme http://www.selaplana.com/updates Technology, Sports, Movie and TV DVD Updates Fri, 16 Dec 2011 15:26:55 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Bernard Madoff Sentenced to 150 Years http://www.selaplana.com/updates/2009/06/bernard-maddof-sentenced-to-150-years/ http://www.selaplana.com/updates/2009/06/bernard-maddof-sentenced-to-150-years/#comments Mon, 29 Jun 2009 22:57:46 +0000 Selboy http://www.selaplana.com/updates/?p=249 Bernard L. Madoff, a financier who ran a Ponzi scheme scam for decades and defrauded investors out of billions of dollars has been sentenced through Judge Denny Chin to 150 years in jail.]]> Mr. Bernard L. Madoff, a financier who ran a Ponzi scheme scam for decades and defrauded investors out of billions of dollars has been sentenced through Judge Denny Chin to 150 years in jail.

“I’m responsible for a great deal of suffering and pain, I understand that I live in a tormented state now, knowing all of the pain and suffering that I’ve created. I’ve left a legacy of shame, as some of my victims have pointed out, to my family and my grandchildren.” The 71-year-old Madoff told the court.

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