He Had No Values

Jun 29th, 2009 • Posted in: What They're Saying

“He stole from the rich. He stole from the poor. He stole from the in between. He had no values. He cheated his victims out of their money so he and his wife Ruth could live a life of luxury beyond belief.”

– Tom Fitzmaurice, speaking Monday morning at the sentencing hearing for convicted swindler Bernard Madoff. Fitzmaurice was among Madoff’s victims, who collectively were cheated out of at least $13 billion, reports the Associated Press.

After hearing victims’ testimony, U.S. district judge Denny Chin sentenced Madoff to the maximum penalty of 150 years in prison, ignoring his lawyers’ pleas for leniency. “Here the message must be sent that Mr. Madoff’s crimes were extraordinarily evil and that this kind of manipulation of the system is not just a bloodless crime that takes place on paper, but one instead that takes a staggering toll,” Chin said, reports the AP.

Source: AP, June 29.

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