Bernard Madoff has to spend his remaining life in prison

NEW YORK – A federal judge rejected Bernard Madoff's plea for clemency Monday, sentencing the 71-year-old swindler to spend the rest of his life in the prison for an extraordinarily evil fraud that took a confounding toll on thousands of victims.
U.S. District Judge Denny Chin cited the unparalleled nature of the multibillion-dollar fraud as he sentenced Madoff to the maximum of 150 years in prison, a term comparable only to those given in the past to terrorists, traitors and the most violent criminals. There is no parole in federal prison so Madoff will most likely die there.