Bernie Madoff sentenced to 150 years, Ruth Madoff pleads ignorance
Confessed Ponzi-scammer Bernie Madoff, who swindled customers out of as much as $65 billion, was sentenced to 150 years in jail, according to the Los Angeles Times.
He is 71 years old.
So it's basically a death sentence.
U.S. Judge Denny Chin told CNBC that he did not receive a single letter from Madoff's friends or family seeking leniency.
Chin recounted one story of a Madoff investor who had died of a heart attack. Madoff comforted his widow, saying, "Your money is safe." The widow then gave Madoff more money, all of which is now gone.
Now his wife, Ruth Madoff, has thrown Bernie under the bus. She says she had no idea what he was up to.
Here is the entire text of her statement: