•   
  •   
  •   

Crime Judge rejects Ponzi king Madoff's bid for early release

23:18  04 june  2020
23:18  04 june  2020 Source:   msn.com

Republicans take aim at Steve King ahead of GOP primary

  Republicans take aim at Steve King ahead of GOP primary The controversial Iowa Republican, isolated after comments about white supremacy, is facing his toughest primary challenge next week.

NEW YORK (AP) — A dying Ponzi king Bernard Madoff lost his bid for early release from prison Thursday when the judge who sentenced him to 150 years behind bars said he intended for him to die there and nothing has happened in the last 11 years to change his mind.

Bernard Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. Madoff will remain free on bail, a US judge ruled Wednesday, rejecting a bid by prosecutors to detain Madoff pending trial.     AFP PHOTO / TIMOTHY A. CLARY (Photo credit should read TIMOTHY A. CLARY/AFP/Getty Images) © 2009 AFP Bernard Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. Madoff will remain free on bail, a US judge ruled Wednesday, rejecting a bid by prosecutors to detain Madoff pending trial. AFP PHOTO / TIMOTHY A. CLARY (Photo credit should read TIMOTHY A. CLARY/AFP/Getty Images)

Judge Denny Chin, who now sits on the 2nd U.S. Circuit Court of Appeals, noted the continuing suffering of Madoff’s thousands of victims who lost $17.5 billion when a decades-long scheme that deceived them into thinking their money was invested properly was exposed in December 2008.

Breonna Taylor protest in Louisville draws hundreds; at least 7 shot. Here's what we know

  Breonna Taylor protest in Louisville draws hundreds; at least 7 shot. Here's what we know Chants of "No justice, no peace" echoed down Louisville streets as hundreds gathered to rally for Breonna Taylor.Some shots were heard on scene just before 11:30 p.m., and a police spokeswoman confirmed the injuries at 1 a.m. in a statement. Two victims required surgery.

“I also believe that Mr. Madoff was never truly remorseful, and that he was only sorry that his life as he knew it was collapsing around him. Even at the end, he was trying to send more millions of his ill-gotten gains to family members, friends, and certain employees," Chin wrote.

The judge said he'd reviewed public statements made by Madoff, 82, and found they “show that he has never fully accepted responsibility for his actions and that he even faults his victims."

Madoff, housed at the Federal Medical Center in Butner, North Carolina, through his lawyers had requested compassionate release, which lets some prisoners go home if they are likely to die within 18 months.

Attorney Brandon Sample, representing Madoff, said in a statement he was disappointed with the ruling.

Knicks owner James Dolan defends lack of public comment on George Floyd death

  Knicks owner James Dolan defends lack of public comment on George Floyd death In a message to MSG employees, James Dolan said the Knicks "are not any more qualified than anyone else to offer our opinion on social matters."

He said he now hopes President Donald Trump would consider commuting the sentence.

“We implore the President to personally consider Madoff’s rapidly declining health," Sample said.

Prison authorities had determined Madoff was likely to die within 18 months of kidney disease. Sample had argued that Madoff was confined to a wheelchair and wanted to contest claims by prosecutors that he has failed to show remorse.

Prosecutors opposed the request, saying 500 victims opposed early release and only 20 letters were written by victims in support of release.

A trustee has recovered roughly $14 billion for investors, but the damage to victims was worsened because Madoff created fraudulent statements to suggest their investments had grown enormously, authorities said.

The fraud was exposed in December 2008 as the national economy collapsed. Madoff pleaded guilty to fraud charges and was sentenced by Chin in the summer of 2009.

Chin said in his written decision Thursday that in 2009 “it was fully my intent that he live out the rest of his life in prison."

He noted that Madoff's lawyers then had asked for a sentence of as little as a dozen years, hoping their client would again see “the light of day.”

“I was not persuaded," Chin said. “I did not believe that Mr. Madoff was deserving of that hope. Nothing has happened in the 11 years since to change my thinking."

Art world's 'mini-Madoff' arrested on remote Pacific island for $20M fraud: FBI .
Inigo Philbrick allegedly sold the same artwork to multiple people.Vanuatu authorities expelled Philbrick at the request of the U.S. Embassy in Papua New Guinea. He was transported to Guam, where he is expected to be presented in federal court Monday.

usr: 1
This is interesting!