Scumdog Billionaire

Word on the street is that Bernie Madoff, multibillion-dollar Ponzi schemer, may plead guilty. It's about time. Hopefully his house arrest will end soon, and this jerk will end up behind bars for good.

The government is seeking $170.8 billion in forfeiture from Madoff, or more than three times what he confessed to stealing. [...]

Madoff, 70, faces a potential sentence of up to 150 years on 11 charges. In December, the investment manager and former head of Nasdaq told authorities that his fund was nothing more than a huge Ponzi scheme and that he bilked investors out of as much as $50 billion, though federal authorities now investigating the case think the number could be less than half that. [...]

A government-appointed trustee has recovered about $900 million of what Madoff allegedly took from them.

In December Madoff gave away millions in jewelry and other items as "gifts" to friends. All that needs to be recovered, so the victims in this story can recover as much of what they've lost as possible. Anything that has ever been in Bernie Madoff's name needs to be recovered and sold. Even if the items were given to family members or friends.

And this scumdog billionaire needs to spend the rest of his life in prison.