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Tue 06 Jun 2009Applause in court as disgraced financier Madoff gets 150 years
WHOOPS OF joy and a thunderous applause erupted in the normally staid federal courtroom in downtown Manhattan yesterday as Bernard Madoff, mastermind of the biggest financial fraud in history, was sentenced to 150 years behind bars.
“Justice has been done,” said Maureen Ebel (61), who lost her entire life savings to the Madoff Ponzi scheme. “This is a happy day for all of us victims. We have not got our money back, but we have satisfaction to know that the justice system has not failed us.”
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