Bernard Madoff asked President Donald Trump to shorten his 150-year prison sentence, effectively asking to be released.
Madoff, who pleaded guilty a decade ago to running the largest Ponzi scheme in history, filed the request with the Department of Justice’s Office of the Pardon Attorney. Investors lost about $20 billion in principal.
Madoff, 81, is asking for a reduced sentence rather than a pardon. It couldn’t immediately be determined when the request was filed; the status was listed as pending.
He is being held at the federal prison medical facility in Butner, North Carolina, according to the Federal Bureau of Prisons.
“It is hard to imagine a less sympathetic nonviolent offender than Bernard Madoff,” Matthew Schwartz, a former prosecutor in Madoff’s case, said in an email. “His tens of thousands of victims still continue to feel the profound and devastating harm from his decades-long fraud to this day. The president can surely find more deserving recipients of his commutation power.”