Master swindler Madoff to be sentenced Monday
Posted on 25. Jun, 2009 by Shera Crossan in Business & Finance, Feedback, Israel & Jewish Issues, Shera Crossan, Top Stories
Madoff’s fall from grace since his shock arrest in December will be complete when he returns to a New York courtroom Monday for sentencing after pleading guilty to one of the biggest, most complex financial scams in history.
Once the darling of the markets who was believed to have the Midas touch, the former chairman of the Nasdaq now languishes in a tiny prison cell after admitting 11 charges of fraud, perjury and theft in March.
Among his victims were Hollywood celebrities, international movers and shakers, some of the world’s most famous banks and even Jewish charities, many of which were forced to close after Madoff’s scheme evaporated in a puff of smoke.
But many of his investors were also ordinary, elderly retirees who thought their life savings were in safe hands, and now face financial ruin.
Madoff told the court in March that of the billions of dollars which passed through his hands during his three-decade scam he never invested one cent in the market. Instead he stashed the funds in a Chase Manhattan bank account.source
No doubt he will coddled at some minimum security Federal Tennis Prison while we foot the bill.
If I have to pay for his worthless hide I would prefer that he be sent to some southern state prison (read Nigger hell hole) where the boons can terrorize his azzz on a daily basis. Now that would be real punishment.
For the public, he will be given a length sentence. He will be in prison for about a year when we hear he has died of a heart attack or something.
In reality, instead of being dead, Madoff will probably sitting in comfort in Israel under another name. These people are not held accountable for stealing.
Since many of his “victims” were Jews, I can only assume that he got their money out of the country so they could avoid paying taxes to Uncle Sam. He will return their money minus a fee for helping them avoid paying taxes.
Slight of hand and the sheeple go back to grazing.