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Criminal Law

: Sentencing Law and Policy

Feds seeking the max for Bernie Madoff

By Douglas A. Berman

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As detailed in pieces in the New York Times and in the New York Law Journal, federal prosecutors "recommended on Friday that Bernard L. Madoff be sentenced to 150 years in prison for conducting his enormous worldwide Ponzi scheme." Here is more from the NYTimes piece: That term is the maximum established for his crime under nonbinding federal sentencing guidelines. Although it would be a purely symbolic sentence even for a young prisoner ? and Mr. Madoff is 71 ? prosecutors said it was warranted by the ?extraordinary dimensions? of his crimes. ?He engaged in wholesale fraud for more than a generation,? said Marc Litt, an assistant United States attorney, in a memo sent to Federal District Judge Denny Chin, who will sentence Mr. Madoff on Monday...continue to full post

Full post as published by Sentencing Law and Policy on June 27, 2009 (boomark / email).

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