The judge said he'd reviewed public statements made by Madoff and found they “show that he has never fully accepted responsibility for his actions and that he even faults his victims.'
Attorney Brandon Sample, representing Madoff, said in a statement he was disappointed with the ruling.“We implore the President to personally consider Madoff’s rapidly declining health," Sample said.
Prosecutors opposed the request, saying 500 victims opposed early release and only 20 letters were written by victims in support of release. The fraud was exposed in December 2008 as the national economy collapsed. Madoff pleaded guilty to fraud charges and was sentenced by Chin in the summer of 2009.
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