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Bernie Madoff

Bernie Madoff

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(AP Photo/Christine Cornell)Breaking News: Bernie Madoff was sentenced today to 150 years in the courtroom of Justice Denny Chin in the US District Court of New York.

It was the maximum sentence that prosecuters requested.In December of 2008, Bernie Madoff was arrested for perpetrating one of the most successful Ponzi cons in history.

Tipped off by Mr.

Madoff's sons after they questioned his abilities to pay early bonuses despite trouble paying investors,� federal investigators later discovered that he swindled investors out of as much as $65 billion dollars over a period of approximately 18 years.

The extent of Mr.

Madoff's scheme was particularly jarring and rocked a financial community already struggling with a global economic crisis.

The scope of Bernie's victims ranged from billion-dollar corporations like HSBC and Fortis banks (whose exposure ranged in the billions of dollars)� to colleagues, friends and noted humanitarians like Senator Frank Lautenberg (NJ), screenwriter Eric Roth, actress Zsa Zsa Gabor and The Elie Wiesel Foundation for Humanity among many others.Just days before the verdict was announced Mr.

Madoff's wife Ruth reached an agreement with federal prosecutors allowing her to keep $2.5 million dollars in cash while relinquishing homes and assets in excess of $80 million.


Madoff originally claimed much of this stash were Ruth's personal assetts.Bernie Madoff pled guilty to 11 federal crimes in March 2009.

The sentence was handed down Monday afternoon on June 29, 2009.Broadway star Leslie Kritzer's alter ego- the indomitable reporter "Roz Reinbaum"- was a staunch critic of Mr.

Madoff's unethical and criminal deeds in one of her latest You Tube exposes.

No word yet from Roz if this is "acceptable news." You can check out her video here:�� �
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