Prosecutors oppose Bernie Madoff early jail launch



Bernard L. Madoff leaves US Federal Court docket January 14, 2009.

Timothy A. Clary | Getty Photographs

Federal prosecutors on Wednesday advised a decide that they oppose Ponzi scheme kingpin Bernie Madoff's latest request for early launch from jail on compassionate grounds resulting from his terminal kidney illness.

"The character of Madoff's crime unprecedented in scope and magnitude wholly justified the 150-year sentence this Court docket imposed and is by itself a adequate purpose to disclaim Madoff's movement," prosecutors wrote in a submitting in U.S. District Court docket in Manhattan.

"Moreover, since his sentencing, Madoff has demonstrated a wholesale lack of know-how of the seriousness of his crimes and an absence of compassion for his victims, underscoring that he's undeserving of compassionate launch himself."

The submitting by the US Legal professional's Workplace for the Southern District of New York, which cited letters from a number of the greater than 500 sufferer who've written Decide Denny Chin to oppose Madoff's...



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Source marketwatch.com