Ponzi schemer Bernie Madoff seeks compassionate release from prison - Business Insider

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Ponzi schemer Bernie Madoff seeks compassionate release from prison due to terminal kidney failure

The U.S. Attorney's Office in Manhattan declined to comment. Prosecutors are expected to file a motion in response to the request in the coming days. in 2009 to 11 federal counts in a fraudulent investment scheme involving billions of dollars, admitting he swindled thousands of clients over decades. The rich and famous were among his victims, as well as people of lesser means who had invested with him unknowingly through feeder funds.

"Madoff's health has and will continue to deteriorate, and he will require more assistance physically and medically leading up to his death," attorney Brandon Sample wrote. The Bureau of Prisons denied Madoff's request for release in December, according to court papers, saying it would "minimize the severity of his offense." The agency lists Madoff's release date as Nov. 14, 2139.

 

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Mark Maddoff, René-Thierry Magon de la Villehuchet, William Foxton, Charles Murphy, and who knows who else, all lost their lives because of his actions. He bilked seniors and charities. Let him rot in prison.

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 /  🏆 729. in JP

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