Not everyone has that gift of love with words as did Bernard Madoff a special master who delighted in homage to him, to assign their millions of fortunes to increase by that is the ambition of having a quick profit. used the old trick of the pyramid of the unwary with their mellow
words and gestures with grand promises, as compelling and irresistible trickster used as a multiplier magic magician illusionist. The dollars flowing into their hands of the believers to tell others of their profits, they woke her attraction and had to wait to win his excessive anxiety. A scam artist with privilege they carried out their acts with painstaking feat, to carefully study the weaknesses of those to be cheated by their own greedy ambitions.
At 71 years confessed to live tormented and having to spend the rest of his days in prison, and as such apologized to the judge to apologize to his victims by looking in his eyes of them with hypocrisy, "I'm sorry but I can not offer an excuse for my conduct," he said. Madoff
a former president of the Nasdaq Stock Market in New York, as financial advisor one became known as brewing business. The scam was to offer high-yield investment and investment funded.
His business collapsed because of the global financial crisis when their clients for fear decided to recover the money lent, and were evasive by Madoff and then end up announcing it was bankrupt and losing U $ S 50,000 million.
addition to his effective sentence for fraud, Madoff was punished by the court with an order to seize property for U $ S 171,000 million and other assets.
his star shining as Wall Street financial swindler evaporated with the millions of investors, who said as lag for his trouble to blow his arrest on December 11, 2008, after assembling a fictitious financial world, which allowed to live in luxury and ostentation surrounded by friends to attend luxurious halls of golf clubs.
After hearing his sentence of 150 years in prison, he won a place in history as the perfect con man of Wall Street to be imposed by U.S. District Judge Denny Chin, the access by asked the prosecutor to send a symbolic message for those who are tempted to imitate financial crime. The message attributed to evil crimes Madoff exercised in handling money, lead to fraud amounted to U $ S 13,000 million which lasted for 20 years. Madoff
The sentence imposed is the largest in the U.S. for economic crime, and is six times more than those responsible for Enron and Worldcom. Madoff
from prison broke his silence to confess that I surprised at the lack of attention of authorities after failing to discover the fraud before the bankruptcy that left thousands of people into ruin and take as long as it was envisaged that could be discovered before.
The lawyer representing the victims Joseph Cotchett and outside financial adviser, got an interview with Madoff of 4 pm in the federal prison in Butner North Carolina after having threatened to sue his wife Ruth and 2 children that former protected financier stating that had nothing to do with the fraud of the U $ S 65 million.
With the liquidation of assets Ruth Madoff sued by U $ S 45 million to spend money on given a splendid life while her husband was perpetrating fraud and was forced to abandon a luxurious residence occupied in Upper East Side in Manhattan, and deliver their jewelry justice.
also said his brother Peter Madoff remains the target of complaints by serving as director of the firm Madoff Investment Securities.
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