Madoff has filed a petition for clemency with the Justice Department, according to the agency’s website. It is unclear from the limited information available on the website when the petition was filed. It has a “pending” status.
In 2009, Madoff pleaded guilty to 11 counts of financial crimes, including fraud, money laundering, perjury and theft, according to the New York Times. He has been serving his sentence at a federal prison in Butner, North Carolina.
View the complete July 24 article by Rebecca Morin on The USA Today website here.