Monday, June 29, 2009

Madoff Sentencing Today

Facing 150 years in prison, Madoff will be sentenced today by US District Judge Denny Chin. The sentencing comes on the heels of an announcement on Friday that all of Madoff's property had been seized as part of an effort to obtain compensation for his victims. The property is said to be worth nearly 80 million dollars.

The details are at CNN.com