Fraudster Madoff gets 150 years for $65bn fraud

US district judge Denny Chin gave Madoff the maximum sentence on all 11 charges, including money laundering, the BBC reports. "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," says Chin. The pyramid or ponzi scheme fraud seduced investments from retail investors plus Hollywood A-listers such as John Malkovich, Steven Spielberg's charitable foundation Wunderkinder, political giant Henry Kissinger and even...