The Daily Nugget » Fraud http://www.dailynugget.com A San Francisco Blog Thu, 09 Sep 2010 03:45:06 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Bernie Madoff Sentenced http://www.dailynugget.com/2009/06/bernie_madoff_sentenced/ http://www.dailynugget.com/2009/06/bernie_madoff_sentenced/#comments Mon, 29 Jun 2009 20:02:48 +0000 Fabian http://www.dailynugget.com/?p=3268 Bernie Madoff was sentenced to 150 years and eternal hellfire.  Adios mofo!  I know that this Bernie devil doll will not do much to restore wealth to his victims, but it sure is fun to smack around.

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Bernard L. Madoff, former chairman of NASDAQ, was arrested last week for perpetrating a $50 billion ponzi scheme to defraud investors. The scheme has ensnared major banks, investors in the Bay Area, and even charities and trusts associated with the likes of Steven Spielberg, Mortimer Zuckerman and Elie Wiesel.  The FBI began investigating Madoff acting on a tip from his son and now believe that the scheme has taken place over decades.  This is by far the largest ponzi scheme in history.

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