Madoff’s 12 Year Sentence

Apparently, Madoff’s layer seems to think that because Madoff is going to die in 13 years that he should be put in jail for 12. What?!?  Are you kidding me?  This man – this thief who is currently facing over 150 years in prison for the $65 billion fraud that he committed is not even going to prison for his whole life?  Ira Sorkin, Madoff’s attorney, told Judge Denny Chin:

A prison term of 12 years — just short of an effective life sentence — will sufficiently address the goals of deterrence, protecting the public and promoting respect for the law without being greater than necessary to achieve them.”

Are you serious?  Is this the kind of crap that the best lawyers come up with?  The point is not for him to go to jail, the point is to show all thieves that you can’t get away with theft.  You just can’t.  Eventually, you’ll get caught, and the consequences will be very severe.  This man stole over 2/3 of 100 billion dollars, and you’re telling me that he goes free for, let’s say, the last year of his life?  If this is what happens, it sends a direct message to anyone involved in or attempting a Ponzi scheme, or any sort of thief for that matter.  That message is that you can steal from innocent people and still go free, because you should live the last year of your life not in prison.  This is wrong.  Very wrong.

Alas, if only Madoff had stolen a mere $67 billion, maybe I would have a soft spot in my heart for him.

2 Replies to “Madoff’s 12 Year Sentence”

  1. He got away with it. Would you rather be extremely wealthy (beyond your imagination) for 90% of your life and be sent to jail for your final years or have a normal life?

    By the way, he got a 150 year sentence, not 12 years. Your title is misleading.

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