Denny Chin revokes Madoff bail

Judge Denny Chin

Judge Denny Chin

(picture from Wikipedia, news sources: Denny Chin, Reuters; Madoff case, The New York Times)

Bernie Madoff, creator of what is perhaps the largest Ponzi scheme in history, is finally going to prison after bilking wealthy investors of literally billions of dollars.  Today he pleaded guilty to all 11 charges of fraud, money laundering, perjury, and theft, and he will be sentenced on June 16th.  In the meantime, his bail has been revoked, and he will spend time behind bars.

The judge presiding over the case is the Honorable Denny Chin–see the excellent profile of Judge Chin here (though I’m not sure why they have a picture of Madoff instead of the judge).  Judge Chin, according to Reuters, is “the first Asian-American federal judge outside of California and Hawaii.” He has overseen some very high profile cases.  I had the pleasure of meeting Judge Chin a few years back during some kind of Asian American event (sorry…don’t remember exactly which one), right after he presided over the case with the Million Youth March.  The article’s description is 100% accurate; Judge Chin is the MAN.  He was very well spoken, extremely patient in talking about his work, and seemed to be very fair in his appraisal of the current state of the practice of law.

Memorable quote from the NY Times article:

“He has incentive to flee, he has the means to flee, and thus he presents the risk of flight,” Judge Chin said. “Bail is revoked.”

Related posts:

  1. THX's Frank Chin Podcast
  2. Frank Chin on "Names"
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