Posts tagged: Financial Fraud

A man in US gets sentenced for 150 years !

Hey there friends…

It’s been a long time since I posted anything on this blog … Well now. here it is then…

Washington Post dated 30th June, was seen quoting this news.  Bernard Madoff, from US has been sentenced to the maximum 150 years in prison.

US district judge, Denny Chin, sentenced Bernard Madoff following a massive Ponzi scheme run by Madoff since at least the early 1990’s. This scheme is said to have demolished life savings of thousands of people. 

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