Well this morning was the last time madoff would wake up and put on his pants and eat in his millions of dollar Manhattan penthouse. bail was revoked for maddoff this morings sending him to jail immediately. after madoff pled guilty. A sentencing date of June 16 has been set for disgraced financier Bernard Madoff.
Prosecutors are asking for him to be jailed immediately after he pleaded guilty Thursday to a worldwide financial swindle. They say he robbed investors of billions of dollars.
Madoff earlier told the judge he "cannot adequately express" how sorry he is.
Madoff told the judge his Ponzi scheme began in the early 1990s in response to a recession.
Two investors who spoke at the hearing said they opposed the guilty plea. One said she wanted it to wait until the lost money is found.
Madoff did not look at the investors as they spoke.
No comments:
Post a Comment