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Press Release

Opportunity For Victim Input To Court In Pending Motion By Bernard L. Madoff For Sentence Reduction

For Immediate Release
U.S. Attorney's Office, Southern District of New York
Any Victim Correspondence Must Be Received By February 28, 2020

Audrey Strauss, Attorney for the United States acting under authority conferred by 28 U.S.C. § 515, announced today that, pursuant to an order issued by the Honorable Denny Chin, United States Circuit Court Judge, victims of Bernard L. Madoff have the opportunity to provide the Court with their views regarding Madoff’s pending motion for a sentence reduction.  A copy of the notice to victims is attached (the “Notice”). 

As set forth in the Notice, 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 at:

https://www.justice.gov/usao-sdny/madoff-sentence-reduction

If you are a victim of Madoff’s crimes and you wish to provide your views to Judge Chin 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

email: 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. 

Contact

Jim Margolin, Nicholas Biase
(212) 637-1020

Updated February 7, 2020

Topic
Financial Fraud
Press Release Number: 20-045