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Ponzi scheme king Bernie Madoff says he is dying, seeks early release from prison
CNBC ^ | 02/13/2020 | Dan Mangan

Posted on 02/14/2020 12:04:03 PM PST by SeekAndFind

Bernie Madoff, the notorious Ponzi schemer, says that he is dying from terminal kidney disease, and on Wednesday asked a judge to grant him an early release from prison on compassionate grounds so that he can live out his remaining days with a friend.

A lawyer for Madoff, in a legal filing, says the fraudster has “less than 18 months to live,” and is suffering from “numerous other serious medical conditions” including cardiovascular disease and hypertension.

On Thursday, a lawyer for the U.S. Attorney’s Office for the Southern District of New York, which prosecuted Madoff, filed a court document asking a judge to set a March 4 deadline for them to submit a response to Madoff’s request.

Under their proposal, Madoff would have until March 11 to reply to the U.S. Attorney’s Office’s position. Madoff’s lawyers agreed with that tentative schedule, according to the court document.

Madoff, 81, is serving a 150-year prison sentence in a North Carolina federal facility for orchestrating the largest Ponzi scheme in history at his firm, Bernard L. Madoff Investment Securities in New York City.

He pleaded guilty in 2009 to 11 crimes related swindling of billions of dollars from thousands of investors over several decades.

“I’m terminally ill,” Madoff told The Washington Post in an article Wednesday.

“There’s no cure for my type of disease. So, you know, I’ve served. I’ve served 11 years already, and, quite frankly, I’ve suffered through it,” Madoff told the newspaper.

But one of Madoff’s victims, Gregg Felsen, had no sympathy for the arch-scammer who decimated his savings.

“He’s terminally ill? I’m terminally broke,” Felsen told the Washington Post. “He ruined a lot of people’s lives and changed them forever. He deserves no leniency whatsoever.”

(Excerpt) Read more at cnbc.com ...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: bernardmadoff; madoff; ponzi
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1 posted on 02/14/2020 12:04:03 PM PST by SeekAndFind
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To: SeekAndFind

Ummm, Bernie——we’re all dying. Nice try, rot in jail.


2 posted on 02/14/2020 12:06:17 PM PST by mikelets456
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To: SeekAndFind

Hmmmmm.....

NO


3 posted on 02/14/2020 12:06:49 PM PST by Vendome (I've Gotta Be Me https://www.youtube.com/watch?v=BB0ndRzaz2o)
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To: SeekAndFind

He might be safer inside than outside.

He screwed a lot of people. Some of them might still be very angry.


4 posted on 02/14/2020 12:07:16 PM PST by Pearls Before Swine
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To: mikelets456

Ahhhhh ........ No


5 posted on 02/14/2020 12:07:36 PM PST by 11th_VA
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To: SeekAndFind

How long did the Lockerbie bomber live after he was let out of prison?............nearly 3 years...............


6 posted on 02/14/2020 12:08:25 PM PST by Red Badger (CWII is coming. It won't be nice like the last one....................)
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To: Red Badger

John Hinkley was let go


7 posted on 02/14/2020 12:09:00 PM PST by Bob434
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To: SeekAndFind

Has it really been 11 years?? I would have said 3 or 4 years without looking it up.

Time flies.


8 posted on 02/14/2020 12:09:18 PM PST by Ken H (Best SOTU ever!)
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To: Bob434

But he wasn’t in imminent danger of dying................


9 posted on 02/14/2020 12:10:15 PM PST by Red Badger (CWII is coming. It won't be nice like the last one....................)
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To: SeekAndFind

10 posted on 02/14/2020 12:10:23 PM PST by E. Pluribus Unum (If you don't recognize that as sarcasm you are dumber than a mud fence.)
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To: SeekAndFind

A lot of criminals die in jail. Imminent death is not a get out of jail free card. Die in jail Bernie. Die thinking about the thousands of people who you screwed and are living in misery in their final years.


11 posted on 02/14/2020 12:10:24 PM PST by Opinionated Blowhard (When the people find that they can vote themselves money, that will herald the end of the republic.)
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To: SeekAndFind

Lots of folks die in prison, Bernie. You’re one of the lucky ones with millions secreted away so you can buy cigarettes at the commissary to bribe the other inmates to make your bed and leave you alone in the shower.


12 posted on 02/14/2020 12:10:36 PM PST by chuckee
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To: SeekAndFind

Wasn’t there someone on Clinton’s watch who was released from prison because he was dying from something or other and only had a couple of weeks.

He was alive yrs later and for all I know may still be alive.

Madoff needs to stay in jail. If he dies, he dies.


13 posted on 02/14/2020 12:10:56 PM PST by billyboy15
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To: SeekAndFind

He’s a liberal, what the heck is he doing in jail?


14 posted on 02/14/2020 12:11:06 PM PST by 1Old Pro
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To: Red Badger

his mother was i guess- it was shockign that he got out


15 posted on 02/14/2020 12:12:35 PM PST by Bob434
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To: billyboy15
Are you referring to one of the Lockerbie Scotland bombers?

https://en.wikipedia.org/wiki/Release_of_Abdelbaset_al-Megrahi

16 posted on 02/14/2020 12:13:40 PM PST by Magnum44 (My comprehensive terrorism plan: Hunt them down and kill them.)
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To: SeekAndFind

He should have consecutive life cases and die and then stay in jail for the rest,


17 posted on 02/14/2020 12:13:46 PM PST by Yaelle
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To: Bob434

They let Fromme out of prison..............


18 posted on 02/14/2020 12:14:12 PM PST by Red Badger (CWII is coming. It won't be nice like the last one....................)
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To: SeekAndFind

Throw him a rope...


19 posted on 02/14/2020 12:15:23 PM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: SeekAndFind
“I’m terminally ill,” Madoff told The Washington Post in an article Wednesday.

So? If you didn't want to die in prison, you shouldn't have ripped off all those people.

20 posted on 02/14/2020 12:16:24 PM PST by Rummyfan (In any war between the civilized man and the savage, support the civilized man. Support Israel.)
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