A United States District Judge in New York today sentenced* disgraced securities broker Bernard Madoff to the sentence of imprisonment requested by the US Attorney, one hundred and fifty years, pronouncing him "extraordinarily evil." Madoff's attorney had requested that he serve only 12 years, but the Court stated that there was a "massive breach of trust," and that the fraud he perpetrated was staggering. Madoff's Ponzi scheme was responsible for a reported $13bn in investor losses, both individual and institutional.

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