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Madoff lawyer seeks 12 years

Published:Wednesday | June 24, 2009 | 1:01 PM

The lawyer of former US financier Bernard Madoff said his client deserves 12 years in prison for his crimes.



In March, Madoff pleaded guilty to 11 charges that he masterminded a US$50 billion investment fraud.



He will be sentenced on 29 June and could be jailed for up to 150 years.



Madoff is 71 years old now.



Presiding judge Denny Chin said he has received 113 letters and e-mails from people who had lost money in the Madoff scandal.



He said many of the letters requested the maximum 150-year sentence for Madoff.