Posted On:
March 21, 2009
Bernard L. Madoff to Stay In Jail Pending Sentencing
Bernard L. Madoff appealed the judgment of the United States District Court for the Southern District of New York denying him bail pending sentencing pursuant to 18 U.S.C §§ 3143(a) and 3145(c). The U.S. Attorney’s Office filed a forty-one page affirmation in opposition to Madoff’s motion for a stay and reinstatement of bail pending sentencing. The United States Court of Appeals for the Second Circuit yesterday issued a three page decision denying Madoff’s motion having found that the district court did not clearly err in its assessment that Madoff had failed to show by clear and convincing evidence that he was a flight risk.
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