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Madoff lawyer: Recommended sentence is excessive

 FILE - In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York. Madoff will get one last creature comfort before ...

Madoff Scandal Victims

FILE - In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York. Madoff will get one last creature comfort before ...

Bernard Madoff's lawyer says sentencing guidelines in the swindler's multibillion-dollar fraud case "do not speak of vengeance and revenge."
Attorney Ira Sorkin said at the sentencing Monday that the 150 years in prison recommended by prosecutors or the 50 years recommended by the federal probation department are excessive.
Victims who lost millions of dollars earlier urged a stiff sentence for the 71-year-old former Nasdaq stock market chairman.
Madoff was arrested late last year after confessing to his sons that his secretive investment advisory business was a "big lie."
He pleaded guilty to securities fraud and other charges in March and has been jailed ever since.


Updated : 2021-04-11 11:37 GMT+08:00