Madoff to lose all his belongings
Posted by admin . Published on 27 June 2009, Received
Bernard Madoff will be stripped off all his belongings, based on the 171 billion dollar forfeiture order handed over by the Court Judge today. The judge also ordered him to spend the rest of his life in prison for the billions of dollars of fraud committed by him, on thousands of investors who trusted him.
The stripping of assets may get only few billion dollars while the loss to his investors runs to 171 billion dollars.
