Prosecutors seek 150 years for Madoff

Other News Materials 27 June 2009 08:43 (UTC +04:00)

Federal prosecutors asked Friday for a 150-year prison sentence for Bernard Madoff, the mastermind behind the largest Ponzi scheme of all time, according to documents filed in court, CNN reported.

Madoff, who pleaded guilty in March, is to be sentenced Monday.

The long sentence would ensure that the former NASDAQ chairman will remain in prison for the remainder of his life and "promote general deterrence," the U.S. Attorneys Office wrote in its filing.