Victims of Bernard Madoff broke out in cheers and applause on Monday as Southern District of New York Judge Denny Chin ordered a 150-year prison sentence for Madoff's gigantic Ponzi scheme. "Symbolism is important," Chin said as he hit Madoff with the maximum possible term, imposed for offenses the judge called "staggering" in size and scope. "Here, the message must be sent that Madoff's crimes were extraordinarily evil," the judge said.
Judge Gives Madoff 150-Year Sentence for 'Extraordinarily Evil' Crimes
New York Law Journal
June 30, 2009