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Bernie Madoff



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They got beggared dark by Bernie Madoff — but they still abutment the Ponzi arrangement kingpin’s appeal to get out of prison early so that he can die a chargeless man.



“I absolve Mr. Madoff, and I’d like him to be released,” a Madoff victim wrote the adjudicator who is because whether to chargeless the belled fraudster from his 150-year bastille appellation because he is terminally ill from branch disease.

Another victim wrote U.S. District Adjudicator Denny Chin in a letter: “Even admitting we absent a lot of our savings, we favor Mr. Madoff actuality appear to die on his own turf.”

“We acquire he has had abundant befalling to appear to affliction his actions,” wrote that victim, one of bags of bodies who absent billions of dollars to the now-81-year-old Madoff.

“Even if he hasn’t, we anticipate there is no charge for the taxpayers to accommodate his end of activity are in prison. Certainly he can get added benevolence elsewhere.”

A third victim wrote, “[W]e are practicing Christians who acquire in Mercy, first, and Forgiveness, always! We are abiding he has had to buck astonishing accident in prison, and that he no best represents any affectionate of blackmail to society; therefore, we are in favor of his release.”

The admiring letters, beatific by aloof a scattering of Madoff victims, were quoted in a new filing by his advocate in federal cloister in Manhattan, which replies to prosecutors’ advocacy that Chin abjure compassional release.

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In a accompanying filing, Madoff’s advocate Brandon Sample asked Chin to admission him a cloister audition so that Madoff can speak, in his own words via telephone, about his anguish for his crimes.

“Allowing Mr. Madoff to accord what is, in effect, a final dying claimed personal plea is eminently reasonable,” Sample wrote.

“Mr. Madoff’s live, claimed account could additionally advice the Cloister in extensive its beefy accommodation on whether to admission Mr. Madoff compassionate release,” the advocate wrote.

In addition filing, Sample asked Chin to accumulate closed a letter from “a actuality who has agreed to acquiesce Madoff to alive with them if the Cloister grant’s Mr. Madoff’s release.”

“The capacity of this letter, if appear publicly, could advance to the aggravation or added invasions of the letter writer’s aloofness accustomed the acutely accessible attributes of this case.”

Madoff aftermost ages filed a motion gluttonous compassionate release.

The appeal came 11 years afterwards he pleaded accusable to multiple crimes accompanying to his decades-long betray at Bernard L. Madoff Securities in New York, which has been called the better Ponzi arrangement in history.

Sample wrote in that February filing that the fraudster has “less than 18 months to live,” and is adversity from “numerous added austere medical conditions” including cardiovascular ache and hypertension.

Prosecutors aftermost anniversary quoted from some of the about 500 or belletrist beatific by Madoff victims opposing his bid to be set free.

Just 20 victims wrote Chin abetment Madoff’s motion.

“Our lives, and not aloof financially, additionally emotionally, mentally, and physically … were Destroyed,” wrote one victim quoted by prosecutors, who acclaimed that her bedmate absent $850,000 to Madoff.

Another woman wrote: “I absent all my money and my bedmate of 40 years committed suicide because of his alarming crimes.”

But Sample, in his new cloister filing wrote, “Not all victims of Madoff argue his motion for compassionate release.”

“While they may represent the boyhood view, their choir and opinions additionally deserve to be heard and taken into consideration,” wrote Sample.

Sample’s alternative of admiring letters, like those by the prosecutors citation abrogating recommendations, do not name the letter writers.

Although best of the writers’ names are accepted to become accessible at some point, Chin will accede requests by some of them to adapt their names from accessible cloister filings.

One victim wrote of Madoff, “He has already paid a abundant amount for his bribery and no added amends would be served in befitting him imprisoned.”

Another victim, who said they absent $250,000 to Madoff’s scheme, wrote, “his activity assumption is alone 18 months and accepting to alive with branch abortion in my appearance is as acceptable as a afterlife sentence.”

“[T]he merciful affair to do in this case is acquiesce Mr. Madoff to alive out the actual time he has, out of bastille … I acquire harbored acutely ill will appear Mr. Madoff back the day I apparent my ancestors and I were one of his victims,” the actuality wrote. “Nevertheless, benevolence is bare at this stage.”

And addition abroad scammed by Madoff wrote, “Of advance it was bad what he has done and I anticipate he knows it too. Actuality for about 10 years in bastille now and actuality sick, I anticipate that he has suffered enough.”

Sample, in his filings, addressed claims by prosecutors that Madoff “has approved a broad abridgement of compassionate of the calmness of his crimes and a abridgement of benevolence for his victims, accent that he is base of compassionate absolution himself.”  

“Madoff has and continues to acquire albatross for his actions, and holds aboveboard affliction and anguish for his crimes—and the appulse they acquire had on his victims,” Sample wrote.

The advocate acclaimed that back he was bedevilled in 2009 afterwards argumentation guilty, Madoff accepted that he “betray[ed] bags of investors,” “deceiv[ed] 200 employees,” aria to his family, and “deceiv[ed] an industry.”

Sample wrote, “Madoff lives with the answerability and abashment of what he did every day, and he hopes the Cloister will accord him the befalling to abode this through an evidentiary hearing.”

“Mr. Madoff believes the Court would not only benefit from oral argument on the motion, but also hearing directly from Mr. Madoff about his acceptance of responsibility.”

In a acknowledgment Wednesday, prosecutors in the appointment of the U.S. Attorney for the Southern District of New York, said they the appointment took no position of Madoff’s appeal for a hearing, “but addendum that any claims of accepting of albatross by Madoff at this point would be egoistic and of limited, if any, evidentiary value.”

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Last Updated: March 24th, 2020 by admin
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