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Madoff sentenced to 150 years

Bernard Madoff has been sentenced to a maximum of 150 years in prison after for committing a £40bn fraud.

The 71-year-old was sentenced on 11 charges after tricking around 4,000 investors out of their money.

Madoff’s lawyers had been looking for a 12 year sentence for the fraud, which saw investors place money into a scheme under the belief it was being invested in securities.

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