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Madoff...... 150 years in jail
https://forum.costaricaticas.com/viewtopic.php?f=1&t=29394		 Page 1 of 2
Author:  VegasBob [ Mon Jun 29, 2009 11:50 am ]
Post subject:  Madoff...... 150 years in jail
The sentence has just come down in NY. The greedy bastard just got 150 years. He still hasn't given up any info as to where the billions of dollars are located. Now they go after his wife,brother and Ch*ldren who look like they are certainly involved.


Now if only Costa Rica could follow suit and move the case against Luis Milenes along as that bastard remains free on bullshit bail. This is not to be outdone by the Villalobos swindle which I believe was, prior to Madoff,the largest ponzi fraud in the history of the world.
Author:  NYG [ Mon Jun 29, 2009 2:12 pm ]
Post subject:  Re: Madoff...... 150 years in jail
Vegas Bob wrote:
The greedy bastard just got 150 years.


Just 150 :shock: Dam VB you must want his n*ts :lol: :lol: :lol:

NYG
Author:  JazzboCR [ Mon Jun 29, 2009 3:29 pm ]
Post subject: 
With time off for good behavior, he'll be out in 100 years or so...It wasn't just that he hurt individuals; he crippled large swaths of philanthropy. There's a special place for him when he kicks, no doubt.
Author:  Haywood Jablommi [ Mon Jun 29, 2009 3:37 pm ]
Post subject: 
Hopefully most of our elected officials ( past and present from both parties) will be joining him.
Author:  MarkL54 [ Mon Jun 29, 2009 3:38 pm ]
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I noticed they let his wife keep 2.5 mill, I bet a lot of the people he ruined do not have that left.
Author:  Thirdworld [ Mon Jun 29, 2009 3:53 pm ]
Post subject: 
Did you see on the news how nobody will sell or rent an apt. to her? If he is sentenced to anyplace other than a country club prison, somebody will probably shank him. I've read there was a lot of money from organized crime in his fund...
Author:  Orange [ Mon Jun 29, 2009 4:04 pm ]
Post subject: 
Thirdworld wrote:
Did you see on the news how nobody will sell or rent an apt. to her? If he is sentenced to anyplace other than a country club prison, somebody will probably shank him. I've read there was a lot of money from organized crime in his fund...

150 years? Still no justice in my opinion.

I read that the judge was considering ordering him to solitary confinement for the entire stay. That's a little better, but still no justice to the people he destroyed. I read about some 80 year old former engineer who had to go back to bagging groceries at $8/hr because he his entire life savings stolen by this dirtbag. His engineering skills/methods are too outdated to find any enginering work.
Author:  Livincr [ Mon Jun 29, 2009 4:05 pm ]
Post subject: 
I'm pleased and impressed with the quickness of the trial and of the sentencing...I'd like to see a lot more of it
Author:  Prolijo [ Mon Jun 29, 2009 4:24 pm ]
Post subject:  Re: Madoff...... 150 years in jail
Vegas Bob wrote:
The sentence has just come down in NY. The greedy bastard just got 150 years. He still hasn't given up any info as to where the billions of dollars are located. Now they go after his wife,brother and Ch*ldren who look like they are certainly involved.


Now if only Costa Rica could follow suit and move the case against Luis Milenes along as that bastard remains free on bullshit bail. This is not to be outdone by the Villalobos swindle which I believe was, prior to Madoff,the largest ponzi fraud in the history of the world.
Actually, VB, there have been a number of Ponzi Schemes larger the the $400M Villalobos Bros scheme (Mexican Timeshares $428M, Albanian Lottery $1B, Lou Pearlman's Trans Continental Savings Program ~$500M, Greater Ministries International ~$500, Scientologist Reed Slatkin $593M source and let's not forget about the biggest Ponzi scheme of them all - Social Security).

As for his sentence, the man is 71 years old. What difference does it really make if he got 150 years or only serves 15? The fact is he was never going to get out of jail anyway and will most likely die there. They were trying to get him to cooperate with the investigation in order to help recover part of the stolen money. Clearly he didn't cooperate or he wouldn't have gotten the maximum sentence, but what did they really have to trade? Only making him serve 10-20 years of his short remaining lifetime if he even lasts that long? If what TW says is true than "ordering him to solitary confinement for the entire stay" might actually be a life-extending favor for him. With a judge sentencing him to the 150 year max, I doubt that "country club prison" is in his future, but even if it was there are probably some even there (who may have been victims themselves)who would do him in for the right price. How about not pursuing prosecution against his family members who you KNOW had to have been in on it or, at the very least, benefited from it and CONTINUE to benefit from it in exchange for help getting some of the money back? As Mark pointed out, the real crime here is not that Madoff "just" got 150 years, but that those friends and family that he channeled money to all those years get to keep it (or at least some of it). The real story will be how much they will be able to make those people pay or how much they'll get to keep.
Author:  Hank [ Mon Jun 29, 2009 5:26 pm ]
Post subject: 
With good behavior, he can get a 6 month parole in 20 years. So at 91 he'll get out for 6 months. :P
Author:  Billybch [ Mon Jun 29, 2009 6:23 pm ]
Post subject: 
I am very lucky. I almost pissed a small bundle away with the Brothers, but something just didn't smell right in Denmark. Thank goodness I listened to my gut feelings!
Author:  Nhhank [ Mon Jun 29, 2009 6:59 pm ]
Post subject: 
Look up a gent named Ponzi
They all think it will come out good in the end
have fun in the hole Bernie the ass hat will get a scam going at the canten
Author:  MuleDick [ Mon Jun 29, 2009 7:20 pm ]
Post subject: 
Many of us have been burned by cons over the years. I do agree with Prolijo in the sense that 150 years really does not make much difference. Mass murderers are given a lot less.

I believe that this is a knee jerk to society ruling. The man has certainly destroyed lives and should never be allowed in public again. I wonder if we can attribute the same outbursts to the biggest ponzi scheme in U.S. history.....Social security.

Now that is one I would welcome commentary on.

Mule
Author:  JazzboCR [ Mon Jun 29, 2009 8:34 pm ]
Post subject: 
Commentary on Social Security would get political in a heartbeat--remember we have quite a few here who depend on it as the mainstay or only income. Let's don't and say we did.
Author:  Puro Party [ Mon Jun 29, 2009 9:39 pm ]
Post subject: 
MarkL54 wrote:
I noticed they let his wife keep 2.5 mill, I bet a lot of the people he ruined do not have that left.


Yup. A lot of people put 100% trust in him. That Stanford guy is going to get it too. Not as big as Madoff but same type of crime.
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