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Bernie Madoff was in federal court today, where he was given a 150 year sentence for charges related to his Ponzi scheme.

Reports from the courtroom state that Madoff, the mastermind behind the largest ever Ponzi scheme, showed little to no emotion today when he learned that he would be spending the rest of his life in a jail cell. Due to federal sentencing guidelines, Madoff must serve at least 80% of his sentence, so he will not be eligible for parole until 2129.

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Madoff receives a sentence of 150 years originally appeared on BloggingStocks on Mon, 29 Jun 2009 15:30:00 EST. Please see our terms for use of feeds.

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