Madoff gets 150 years

DISGRACED financier Bernard Madoff has been sentenced to 150 years in prison for perpetrating the biggest and most brazen investment fraud in Wall Street history.

DISGRACED financier Bernard Madoff has been sentenced to 150 years in prison for perpetrating the biggest and most brazen investment fraud in Wall Street history.

A US district court judge imposed the sentence on Madoff yesterday.

He confessed to running a "Ponzi scheme" in which investors were paid returns from money paid by later investors. - Reuters

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