Madoff may be confiscated for all his possessions

According to the Associated Press 27th, the United States in charge of the Madoff case, a regional judge recently issued a preliminary ruling, the United States giant fraud may be destroyed, confiscated all the property about 170 billion U.S. dollars. According to the Associated Press, Mr Madoff would have to relinquish his ownership of assets such as property, investment, cars and yachts under the preliminary ruling.　　That means Madoff will have nothing, and all the assets associated with his fraud will be confiscated and not limited to "stolen or lost" parts. The Associated Press said that Mr Madoff's defense lawyer, Sorkin, had yet to respond.　　But Sorkin said in March this year that even in such a big case as Madoff's Ponzi scheme, the Government's request to forfeit all 170 billion of its assets was "too much" and "misleading".　　According to reports, in addition to the confiscation of assets, the prosecution is still seeking to sentence Madoff life imprisonment. Madoff, 71 years old, is suspected of cheating investors more than 65 billion of dollars. He was charged with 11 counts and could be sentenced to a maximum of 150 years ' imprisonment. (according to Xinhua)