Audience cheers as super-swindler sent down for scam

Bernard Madoff was sentenced to 150 years in prison for masterminding the largest Ponzi scheme in history.

Madoff appeared before US District Judge Denny Chin in New York for the first time since his 12 March guilty plea.

“I don’t ask for any forgiveness,” he said.

The audience burst into applause as Chin imposed the maximum sentence. Madoff was then led off by US marshals.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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