Madoff sentenced to 150 years

Global investors are looking forward to the court's verdict on Madoff, which is June 29 Beijing time 10 o'clock. To the deadline, Madoff was sentenced to 150 years. Friedman, a victim, says she believes the US financial system and Wall Street need more far-reaching changes. The judge said the verdict was symbolic.　　In his previous statement, Madoff told Judge Denny Chin: "I have no excuse for my crimes." Madoff said his wife Ruth Madoff every night. "I can't explain to my wife that I lied to her for 50 years." I also apologize to my victims.　　"Rose Madoff will make a statement after Madoff. New York's Southern Court judge, Denny Chin, had previously announced the confiscation of Madoff's 170 billion assets.　　Madoff's attorney, Ira Lee Sorkin, applied to the court for a 12-year sentence on the 71-Year-old's old age. The 170 billion dollar figure comes from a total of Madoff's investments, but after the judge took over, Madoff's total assets amounted to hundreds of millions of dollars. The point of contention is that Madoff's wife also owns a 70 million dollar fund. Earlier, Madoff complained to the judge that his wife's money had nothing to do with his own Ponzi scheme. But now Madoff's wife, under pressure from outside, said he would give up the 70 million.　　Madoff's victims were in a very emotional mood, and one of the victims shouted to the Chinese judge in the Manhattan court: "Don't let us down." In the United States, New York is the hardest hit in the wheat case, followed by Denver.　　In addition, each state has been implicated in the Madoff case crowd. However, the MAI case is not only in the United States, but has been extended to the Asian region.　　Tang June's loss in the wheat case is about 3 million U.S. dollars, is typical of the mainland victims of the wheat case. "I feel that Madoff has harmed everyone's interests and should not be reduced, but it is not a reason to be old," he said.　　"Tang June in the interview, can let a person feel the anger and injustice in the heart." "As far as I know, there's an Asian American friend who rushed to the United States and slapped him in the face, but that's all we can do."　　Tang June said. According to him, the current Chinese investors do not have a joint appeal, also did not find relevant agencies to defend rights.　　But their private lawyers have been negotiating with U.S. law enforcement and regulatory agencies. In this case, the Securities and Futures Commission (SEC) was seen as a failure. 1992, 1994, 2005, 2006, the SEC has four opportunities to find fraud, but the SEC did not find Madoff's evidence.