Madoff won't appeal, lawyer confirms

10 July 2009

Bernard Madoff is not going to appeal against his 150-year prison sentence, his lawyer has stated.

Madoff was sentenced last month for overseeing a $65 billion Ponzi fraud and his legal representative Ira Sorkin confirmed yesterday (July 8th) that he will not be taking up his right to put the case before the US Court of Appeals.

"We are not going to be appealing," Mr Sorkin stated.

According to CNN, Mr Sorkin met Madoff at the Metropolitan Correctional Center in Lower Manhattan, New York, earlier this week.

"Even if the Court of Appeals sends it back, certainly a guidelines sentence under the circumstances would give him a life sentence," he told the news source.

Madoff has been stripped of all his assets following his conviction for committing what was the biggest fraud scandal ever seen in the US.

The Associated Press reported earlier this month that at least a further ten people are to be charged by federal prosecutors for their alleged roles in the crime.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development