Prosecutors Urge The Judge To Deny Early Prison Release For Bernie Madoff

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Prosecutors said Wednesday told judge that Bernie Madoff should not be released early from prison even if kidney disease kills him within months, as they cited the scope and magnitude of his decades-long Ponzi scheme that cost thousands of investors billions of dollars.

Over 500 victims had written to a Manhattan federal court judge to oppose early release for the 81-year-old Madoff from a 150-year sentence imposed in 2009, while only 20, or 4% of letter writers, supported it, prosecutors said.

Madoff had demonstrated “a wholesale lack of understanding of the seriousness of his crimes and a lack of compassion for his victims, underscoring that he is undeserving of compassionate release himself,” prosecutors said.

Read more at CNBC.

{Matzav.com}


4 COMMENTS

  1. I agree with the 96% of letter writers, who opposed early release for Madoff.
    Until he makes restitution to all the people that he scammed, he should be denied any compassion.

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