Bernard Madoff was charged with Fraud in 2009 and was sentanced to 150 years in federal prison.
He has 150 years in prison
Bernard Madoff was born in the Queens borough of New York City on April 29, 1938. Madoff would continue to live in New York City until he was sentenced and sent to a medium security prison in North Carolina.
He was sentenced to 150 years in prison for creating the largest Ponzi scheme ever.
Probably most importantly, because he has not yet been found guilty of anything in a court of law AND, a judge has ruled that he is not a flight risk.
Many believed that Bernard Madoff's sentence of 150 years in prison was fair given the magnitude of his Ponzi scheme and the devastation it caused to many investors. The judge's decision was in line with the seriousness of the crimes committed and served as a deterrent to others.
Andrew Madoff is not the one who committed suicide. As far as we know, their father hasn't made any public comment.Another View: It was the elder son, Mark, who committed suicide. As of the evening of 12/11/10, no statement from released by Bernard, who is currently incarcerated in federal prison, has yet been released.
minimum or medium custody
14 months or 1 year and 2 months
In prison like everyone else.
See the below link:
Pleasant Valley State Prison, or PVSP, is a minimum/medium security state prison in California, USA. Located in Coalinga, Fresno County,