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Bernie Madoff Pleads Guilty To $50 Billion Scheme To De-Fraud Investors…NEW YORK – MARCH 12: Financier Bernard Madoff arrives at Manhattan Federal court on March 12, 2009 in New York City. Madoff is scheduled to enter a guilty plea on 11 felony counts which under federal law can result in a sentence of about 150 years. (Photo by Stephen Chernin/Getty Images)

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