Madoff Guilty Plea Expected

March 6, 2009 · Filed Under Business News, Crime

The Feds have reached a deal with Bernie Madoff which requires him to admit to his role in the biggest financial fraud in American history. His phony investment firm may have stolen as much as $50 billion dollars from investors over the years.

The plea deal does not include any agreement on the amount of prison time Madoff could receive or any promises not to prosecute other Madoff family members. Investigators believe Madoff’s sons were aware of the scam and active participants in it.

Three different investors have committed suicide since it was revealed that Bernie Madoff’s entire business was a fraud. Director Steven Spielberg reportedly lost millions to Madoff and actor Kevin Bacon lost his life savings to the con man.

Personally, I can’t wait to see this scumbag rotting away in the clink for the rest of his miserable life. You have to be one sick bastard to knowingly scam your own friends out of their life savings.

I truly believe that if this country was really about justice, Madoff would be tried, convicted, and then taken behind the courthouse and shot.

-Chris Jones