Page last updated at 18:22 GMT, Monday, 29 June 2009 19:22 UK

Madoff jailed for 150 years

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Fraudster Bernard Madoff has been given the maximum prison sentence of 150 years for masterminding a massive fraud that robbed investors of $65bn (£40bn).

In the biggest financial scam of its kind, Madoff swindled everyone from celebrities to elderly couples who saw their pensions disappear.

Greg Wood reports from New York.

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