Donald Trump has shown a willingness to deal pardons and reduced sentences to previously convicted individuals. The President granted clemency to a woman name Alice Marie Johnson after being asked to do so by Kim Kardashian West. He had also used his powers to pardon political allies like Dinesh D’Souza and Joe Arpaio.
In June of 2009, Madoff was convicted of running a massive Ponzi scheme that defrauded a number of investors. He was subsequently sentenced to 150 years in a North Carolina prison.
During the sentencing, the financier told his victims, “I am responsible for a great deal of suffering and pain. I understand that. I live in a tormented state now, knowing of all the pain and suffering that I have created.”
These words have not stopped Madoff from making an attempt to have his jail time reduced. He made the request for clemency and it is under review by the Justice Department.
The conviction shattered Madoff’s entire family. His sons are both deceased, one from cancer and the other from suicide. His wife, Ruth, said during this time, “I am embarrassed and ashamed. Like everyone else, I feel betrayed and confused. The man who committed this horrible fraud is not the man whom I have known for all these years.”
Neither the Justice Department or Madoff’s lawyer, Lee Sorkin, have commented on the case.
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Todd Neikirk is a New Jersey based politics and technology writer. His work has been featured in psfk.com, foxsports.com and Pet Lifestyles Magazine. He enjoys sports, politics, technology and spending time at the shore with his family.