Bernie Faces Victims and Apologizes, Says There's No Excuse For His Fraud By BRIAN ROSS, RICH ESPOSITO and MEGAN CHUCHMACH to the maximum 150 years in prison for the $65 billion fraud that swindled his many devastated victims. The former NASDAQ chairman receives maximum sentence for investment fraud. Judge Denny Chin said the sentence was a symbolic one for a crime that showed "extraordinary evil" and "took a staggering human toll." Madoff, addressing the court in a dark suit, white shirt and black tie for about six minutes, said that when he started the scam, he thought he'd be able to "work my way out." He said he lives in a tormented state and expressed regret of leaving a "legacy of shame" to his family and grandchildren." He maintained...
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