Sermon Illustrations
Bernie Madoff Wishes He Had Been Caught Earlier
"I wish they caught me six years ago, eight years ago."
—Bernie Madoff, jailed financier and Ponzi schemer, in an interview with representatives of the Securities and Exchange Commission. "On March 12, 2009, Madoff pleaded guilty to 11 federal offenses, including securities fraud, wire fraud, mail fraud, money laundering, making false statements, perjury, theft from an employee benefit plan, and making false filings with the SEC," according to Wikipedia. It is estimated that he defrauded his clients of some $65 billion, over a period of approximately 17 years. He was sentenced to 150 years in prison.