Madoff Sentence Reduction

NOTICE TO FORMER BERNARD L. MADOFF INVESTORS

Title 18, United States Code, Section 3771(a) sets forth certain rights for crime victims and establishes certain requirements concerning victim notification by the Government.  Among other rights, Section 3771(a) provides the following rights for crime victims:

1. The right to reasonable, accurate, and timely notice of any public court proceeding, or any parole proceeding, involving the crime or of any release or escape of the accused.
2. The right to be reasonably heard at any public proceeding in the district court involving release, plea, sentencing, or any parole proceeding.

On June 29, 2009, defendant Bernard L. Madoff was sentenced to a term of imprisonment of 150 years.  Madoff has served approximately 10 years of his sentence. 

On February 5, 2020, Madoff filed a motion with the Court for a sentencing reduction pursuant to 18 U.S.C. § 3582 and the First Step Act.  The motion, which seeks Madoff’s immediate release from prison, is based primarily on his various medical conditions.  The Government will file a response to Madoff’s motion.  The Court may also order a public hearing on the motion.  A copy of the briefs relating to Madoff’s motion for a sentence reduction can be found below:

•  Motion
•  Exhibit A
•  Exhibit B
•  Exhibit C
•  Exhibit D

•  Proposed Order

As a victim of Madoff’s crimes, should you wish to provide your views to the presiding judge in this matter, the Honorable Denny Chin, U.S. Circuit Judge, with respect to Madoff’s motion for a sentence reduction, you may do so.  Please address any such correspondence to the Court, but send the correspondence to the Victim/Witness coordinator for the U.S. Attorney’s Office for the Southern District of New York by email as follows:

Ms. Wendy Olsen-Clancy
Victim/Witness Coordinator
United States Attorney’s Office Southern District of New York
Wendy.Olsen@usdoj.gov

The U.S. Attorney’s Office will then provide a copy of any correspondence received to the Court and counsel for Madoff.  The Court has set a deadline of February 28, 2020 for the U.S. Attorney’s Office to receive any correspondence from victims.  The U.S. Attorney’s Office will also provide notice on the above-noted website of any public hearing date set by the Court. 

For additional information on the United States v. Madoff case, click here: United States V. Bernard L. Madoff And Related Cases