Saying He is Dying, Bernie Madoff Seeks Early Release From Prison

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Last Updated: 6:39pm
FILE - Bernie Madoff leaving U.S. District Court in Manhattan after a bail hearing in New York, Monday, Jan. 5, 2009. (AP)

NEW YORK (AP) — Epic Ponzi schemer Bernard Madoff asked a federal judge Wednesday to grant him a “compassionate release” from his 150-year prison sentence, saying he has terminal kidney failure and less than 18 months to live.

Madoff’s attorney filed court papers saying the 81-year-old has end-stage kidney disease and other “chronic, serious medical conditions,” including hypertension and cardiovascular disease.

“There’s no cure for my type of disease,” Madoff told The Washington Post in a phone interview, expressing remorse for orchestrating the largest Ponzi scheme in history.

After spending more than a decade behind bars, Madoff said his dying wish is to salvage his relationships with his grandchildren.

“I’ve served 11 years already,” he said, “and, quite frankly, I’ve suffered through it.”

The U.S. Attorney’s Office in Manhattan declined to comment. Prosecutors are expected to file a motion in response to the request in the coming days.

Madoff pleaded guilty in 2009 to 11 federal counts in a fraudulent investment scheme involving billions of dollars, admitting he swindled thousands of clients over decades. The rich and famous were among his victims, as well as people of lesser means who had invested with him unknowingly through feeder funds.

The new court filings say Madoff was admitted in July to the palliative care unit of the federal prison in Butner, North Carolina.

“Madoff’s health has and will continue to deteriorate, and he will require more assistance physically and medically leading up to his death,” attorney Brandon Sample wrote.

A so-called compassionate release would allow Madoff to “receive end-of-life care in the community, which would be more efficient, timely, and less burdensome” on the U.S. Bureau of Prisons, Sample wrote.

The Bureau of Prisons denied Madoff’s request for release in December, according to court papers, saying it would “minimize the severity of his offense.”

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17 COMMENTS

    • You sound cruel. Something that’s NOT a Jewish character trait. And with a name like Moshe?? What a Disgrace to that name. Big talker in his armchair. You would have a nervous breakdown from two weeks in prison. Try 11 years pal. He will meet his maker soon. Let him out for the small amount of time he has.

    • Most victims got their money back. The man suffered enough. It’s only a monetary crime. The was one of the most prestigious richest men on wall st. His family disowned him and commuted sucide. He is the most shamed man out there. If all that is not a deterrent, making him die in jail will be? Let him out already and have compassion

      • Did your education include math?
        The loses were in the range of $65 billion, the compensation & recovery amounted to about $4B from the compensation fund and $13.3B from the trustee.

        “It’s only a monetary crime?”
        Given how often the Torah discusses monetary crimes, how can you describe it as “only?”

      • I agree with Archy; Madoff should be released on humanitarian grounds. The man has suffered enough. Both of his sons died, and his wife doesn’t want to have anything to do with him. Also, he was beaten in prison. Last, I read that the victims were compensated for nearly all of their losses, from a special fund, which was set up. Justice should be tempered with mercy in this case!

    • I think Jewish law (as opposed to non Jewish law) set a limit on how long a person must be a slave to pay back his debt. I believe it is 6 years and on the 7th he goes free.

      But he is in a non Jewish country and subject to their laws.

  1. This is a King Solomon decision…He destroyed the lives of many people. Most- not all people got there money back..What should the punishment be for those people who did not recover from his theft?? Should we bend to Rachmonis because he is dying?? Or, should we be content to carry on a fair punishment for his crimes?
    He destroyed his own family, he destroyed the lives of people who trusted him, and now he himself is being destroyed…..Where is King Solomon when you need him?

  2. The arrogant greedy people who happily gave him their money, expecting to consistently get an %800 return, deserved to lose every penny they gave him. It is no different than blowing your money in a casino. I have absolutely no “compassion” for the a– h—s who lost their money giving it to Madoff. As they say with the stock market, “only invest what you can afford to lose”. Bernie should be let out.

  3. And also let’s not forget, he saved the gov many millions it would’ve costed them to have a trial/appeals etc etc, in stead he owned up and pled guilty.
    In most cases the defendant gets some sort of jail time discount when they plead guilty instead of going to trial.

  4. charles ponzi
    your name says it all
    i wouldnt invest a penny with you with your attitude
    you are a ganav talking like that
    also they did not get 800% returns
    they got double digit consistent returns
    just because he had charisma and was a good bs
    doesnt mean that they had to suffer losses
    and no he should not be let out

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