madoff got 150 yrs?

[vampirekid.13]

does that make sense at all.


so he basically stole money, and gets 150 years for it.


while people go in jail for murder and only stay there for 25 years.

rape is less than life.

and you can molest a kid and get less than that.

how does that make any sense?

 

[Cpt_Oblivious]

It all depends on how much money he stole and how many individual crimes it was in a legal sense, if what I've learned from documentaries on (I'm assuming) how the American judicial system works is true.

May I also ask who the hell are we talking about?

 

[lostclause]

More info please (yes I know who Madoff is but others might not).
Life is cheap, money is important. You get in more trouble for endangering money.

 

[vampirekid.13]

He got 150 years because of all the different crimes he committed. Each one racked up a certain number of years.

even so he TRULY didnt "hurt" anyone anywhere other than their pockets.

it seems stupid. the added sentence for crimes that are not extraordinary crimes like murder, rape, assault should not be able to be more time in jail than one of the previously mentioned crimes.


for those that dont know who madoff is:
http://en.wikipedia.org/wiki/Bernard_Madoff

he basically scammed people out of money for 50 years, and finally came clean (yea, he turned himself in pretty much).

 

[Brett Alex]

For those who don't want he is talking about, he is referring to the case of Bernie Madoff (71), a businessman recently convicted of fraud in the US, and yes, sent down for a 150 year stretch.

he basically scammed people out of money for 50 years, and finally came clean (yea, he turned himself in pretty much).

By 'basically scammed people for 50 years', I assume you mean 'cheated numerous investors and charities out of a whopping sum of 65 Billion US Dollars. You did read that right:

$65 Billion.

And by 'basically turned himself in' I assume you actually mean 'he told his two sons about the scam and they reported him to the police, where he was subsequently investigated and charged'


So yeah, I guess, looking over the facts, he does only deserves 2-3 years max. I mean, its not like anyone would miss that $65 billion.

 

[Sixties Spidey]

And? In my honest opinion, that son of a ***** Madoff deserves it. He swindled people out of money in a time of crisis, with one of the people he swindled committing suicide. In every way possible, he deserves the 150 years in prison.

Although, the sentence does seem a bit outrageous. 150 years? The dude's what? 80 something?

EDIT: actually he's 71.

 

[The_Echo]

150 years seems kind of ridiculous. They might as well have sentenced him to life.

 

[LilGherkin]

I'd like to see him live through the 150 year sentence, only to see the look on people's faces.

 

[DigitalSushi]

It all depends on how much money he stole and how many individual crimes it was in a legal sense, if what I've learned from documentaries on (I'm assuming) how the American judicial system works is true.

May I also ask who the hell are we talking about?

Madoff is mr Cricket, he funded old debt by creating needs funds for investors to pour money into ... he basically paid off old debt with the money that should be allocated to newer debts, then the newer debts would become outstanding. so on and so forth

its reported to be close to 60billion dollars.

 

[messy]

For those who don't want he is talking about, he is referring to the case of Bernie Madoff (71), a businessman recently convicted of fraud in the US, and yes, sent down for a 150 year stretch.

he basically scammed people out of money for 50 years, and finally came clean (yea, he turned himself in pretty much).

By 'basically scammed people for 50 years', I assume you mean 'cheated numerous investors and charities out of a whopping sum of 65 Billion US Dollars. You did read that right:

$65 Billion.

And by 'basically turned himself in' I assume you actually mean 'he told his two sons about the scam and they reported him to the police, where he was subsequently investigated and charged'


So yeah, I guess, looking over the facts, he does only deserves 2-3 years max. I mean, its not like anyone would miss that $65 billion.

Also one the of the people he scammed took his own life due to losing essentially all his money (sorry can't find the source but sky news mentioned it a few times) also we're in a recession any money crime is likely to be viewed a bit harsher (although personally i think 150 years is fine)

To respond to the OP about rape being less time in jail, surely the problem is that's too lenient not this is too harsh

 

[vampirekid.13]

For those who don't want he is talking about, he is referring to the case of Bernie Madoff (71), a businessman recently convicted of fraud in the US, and yes, sent down for a 150 year stretch.

he basically scammed people out of money for 50 years, and finally came clean (yea, he turned himself in pretty much).

By 'basically scammed people for 50 years', I assume you mean 'cheated numerous investors and charities out of a whopping sum of 65 Billion US Dollars. You did read that right:

$65 Billion.

And by 'basically turned himself in' I assume you actually mean 'he told his two sons about the scam and they reported him to the police, where he was subsequently investigated and charged'


So yeah, I guess, looking over the facts, he does only deserves 2-3 years max. I mean, its not like anyone would miss that $65 billion.

to be honest im not necessarily saying his sentence is incorrect. i mean, it just seems wrong that money is more important than a life.

so i can kill someone and get 25 yrs, or steal A LOT of money and get 150.

im saying up the sentence for murder/rape/assault stuff like that to maybe 50 yrs in jail max.

and lower his punishment to 30 years.

not like it matters if you give him 30 or 150. he wont live to finish either sentence.

For those who don't want he is talking about, he is referring to the case of Bernie Madoff (71), a businessman recently convicted of fraud in the US, and yes, sent down for a 150 year stretch.

he basically scammed people out of money for 50 years, and finally came clean (yea, he turned himself in pretty much).

By 'basically scammed people for 50 years', I assume you mean 'cheated numerous investors and charities out of a whopping sum of 65 Billion US Dollars. You did read that right:

$65 Billion.

And by 'basically turned himself in' I assume you actually mean 'he told his two sons about the scam and they reported him to the police, where he was subsequently investigated and charged'


So yeah, I guess, looking over the facts, he does only deserves 2-3 years max. I mean, its not like anyone would miss that $65 billion.

Also one the of the people he scammed took his own life due to losing essentially all his money (sorry can't find the source but sky news mentioned it a few times) also we're in a recession any money crime is likely to be viewed a bit harsher (although personally i think 150 years is fine)

To respond to the OP about rape being less time in jail, surely the problem is that's too lenient not this is too harsh

oh yea, as i just stated, it IS too lenient. but 150 yrs to a 70 yr old is a bit harsh, he'll live another 30 yrs at most.

anyway, i just find it stupid when put in contrast to murder, rape, stuff like that.

also, you cant blame someone's suicide on someone else, regardless of reason.

 

[Arcticflame]

He deservers 150 years, easily.

The money stolen is on par with the vast majority of murder cases, and has much more drastic consequences.

 

[Brett Alex]

to be honest im not necessarily saying his sentence is incorrect. i mean, it just seems wrong that money is more important than a life.

so i can kill someone and get 25 yrs, or steal A LOT of money and get 150.

im saying up the sentence for murder/rape/assault stuff like that to maybe 50 yrs in jail max.

and lower his punishment to 30 years.

not like it matters if you give him 30 or 150. he wont live to finish either sentence.

Its two things:

1) The reason the sentence is not lowered because of his age, is like you said, because they could make it 65 Billion years and it wouldn't be any worse. So they pressed for 150 to make an example of him, so that other would-be (or current) scammers begin to think "Oh shit, they actually care about this crime."

2) The sentence was so high because of the amount of money he stole. Yes, a life should be more important than money, and thats why in the eyes of the law, fraud is a lesser crime than murder. But, and heres the important part, $65 Billion worth of fraud is seen as a lot more than a single murder, and thats why he was sentenced much higher than the 25 for murder.

Now, if he had killed 30 people, like this lovely chap [http://en.wikipedia.org/wiki/Martin_Bryant], his sentence would also be a shitload harsher than 25 years. Like that fellow, he would probably be serving 1035 years for the several murders.

Its not the crime, its the magnitude of the crime.

 

[Pseudonym2]

That 65 billion dollars got some people killed. My grandmother is having trouble running her charity because most of affiliated charities invested with that nice Jewish man they knew...

You're right stealing is not a bad a crime as murder. It's only 1/65,000,000,000 as bad a crime.

 

[vampirekid.13]

also, you cant blame someone's suicide on someone else, regardless of reason.

Why not? A guy rapes a girl, she is crushed, commits suicide. He should be tried for murder as his actions caused that to happen. He knew it was a very real possibility and still did what he did.

this will go on and on its an opinion i suppose. you cant charge someone for harm someone else did on to themselves.

hmm, OMG 1035 yrs...in prison thats another one that makes no sense...not like he's gonna live that long, either way i suppose i kinda understand....

the sentence just seems out of proportion. either way he deserves to be in jail for the rest of his life.


actually, how about we slap a price on human life. i kinda feel like it.


so he got 150 years for stealing 65 billion dollars.

150 years divided by 25 is 6.

so assuming someone gets 25 years for murder, he needs 6 murders to get 150.

so you take 65 billion, and divide by 6 and you are worth about 11 billion dollars.


cool so next time i have to choose between 12 billion dollars or saving someones life i can make an accurate choice .

 

[asinann]

does that make sense at all.


so he basically stole money, and gets 150 years for it.


while people go in jail for murder and only stay there for 25 years.

rape is less than life.

and you can molest a kid and get less than that.

how does that make any sense?

He stole 50 BILLION dollars.

That's $50,000,000,000.

 

[xChevelle24]

So....

I never really got why they sentence people to such a long term in jail.

What's the difference between Life Inprisoned w/out parole and being inprisoned for 59734 years?

Stupid, really.

 

[Nerotharis]

Someone killed themselves because of him. He deserves it. It's like he murdered someone anyways. 150 years is fine.

 

[vampirekid.13]

So....

I never really got why they sentence people to such a long term in jail.

What's the difference between Life Inprisoned w/out parole and being inprisoned for 59734 years?

Stupid, really.

its in case we ever find out that people actually are reborn in another body, then find a way to trace people through different lives.

we made the system as a pre-emptive so we can have people serve sentence in their next lives if we ever figure it out.

 

[Donbett1974]

Please imagine your 70 year man/woman you save all your life and some prick comes and cheats you out of it and now your broke on food stamps and leeching on your family tell me again if 150 years is to long. I have a ideal on money crimes 1 hour per dollar in jail/prison if time exceeds life expediency than death. If so Madoff gets 7.4 million years.