Bernie Madoff, the infamous mastermind behind the largest Ponzi scheme in history, is asking President Trump to commute his 150-year prison sentence
Madoff filed a clemency petition that is currently"pending," according to the Justice Department's website. It is unclear when the petition was first made, and officials declined to comment. The news was reported earlier by CNBC.The White House did not immediately respond to questions about whether Trump will grant Madoff's request.
The Madoff Recovery Initiative has so far paid out $11.76 billion, while another has doled out roughly $2 billion to more than tens of thousands of victims, according to the funds' websites. Bernie Madoff's son Mark took his own life in 2010, and his last surviving child, Andrew, died of cancer in 2014.In a rare 2013 interview, Madoff told CNN from prison that he was"responsible for my son Mark's death and that's very, very difficult." "I live with that.
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