{"id":10885,"date":"2009-06-24T00:00:00","date_gmt":"2009-06-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"madoff-asks-for-12-years-for-ponzi-conviction","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/madoff-asks-for-12-years-for-ponzi-conviction.html","title":{"rendered":"Madoff asks for 12 years for Ponzi conviction"},"content":{"rendered":"<p>Denver Post &#8211; Bernard Madoff asked a federal judge this week to sentence him to as little as 12 years in prison after he pleaded guilty earlier this year to operating a massive, decades- long Ponzi scheme. <\/p>\n<p>In a letter filed late Monday and made public Tuesday, Ira Sorkin, a lawyer for Madoff, asked U.S. District Judge Denny Chin to sentence his client to less than a life sentence. <\/p>\n<p>&quot;Mr. Madoff is currently 71 years old and has an approximate life expectancy of 13 years,&quot; Sorkin said. &quot;A prison term of 12 years &mdash; just short of an effective life sentence &mdash; will sufficiently address the goals of deterrence, protecting the public and promoting respect for the law without being greater than necessary to achieve them.&quot; <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.denverpost.com\/headlines\/ci_12675102\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Denver Post &#8211; Bernard Madoff asked a federal judge this week to sentence him to as little as 12 years in prison after he pleaded guilty earlier this year to operating a massive, decades- long Ponzi scheme. In a letter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5540,4331,1038,9635,13429,4815,6199,6736,8966,124,13430,13428,5289,4248,106,13427],"class_list":["post-10885","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-13-years","tag-bernard-madoff","tag-decades","tag-denver-post","tag-deterrence","tag-district-judge","tag-federal-judge","tag-ira","tag-judge-denny-chin","tag-lawyer","tag-life-expectancy","tag-life-sentence","tag-mdash","tag-ponzi-scheme","tag-prison-term","tag-protecting-the-public"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10885"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10885\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}