by Mathew Katz

Bernie Madoff, the villain in the nation's largest Ponzi scheme, faces his fate today as he learns his sentence. Federal Judge Denny Chin could sentence the 71-year-old Madoff to as many as 150 years. Last week, Madoff's lawyer told Chin that a prison term of twelve years would be a fitting punishment for the crime, but many of Madoff's victims say they'd like to see him behind bars for the rest of his life.