“The combined effect of the number of counts that we were dealing with in this case, resulted in the sentence being longer than any others that have been previously been imposed.”
“These sentences frankly are out of control. You get a sentence that's akin to what you would get for a homicide or for rape. In a white collar case, it doesn't seem to make a lot of sense.”
“It is an exceptionally high sentence. The loss numbers were so incredibly large, and on top of that this case has gotten so much attention.”
“This was an excellent result. The sentencing reflects the crimes committed. ”
“We've suggested to the court that a sweeping big deal can be accomplished in a single sentence, that the size of the measure is not the only yardstick by which that question should be measured.”
“should not have rounded this number off to below $10 million, which reduced the length of the defendants' sentences.”
“Over 700 investors, a number of them retirees, were defrauded by this scheme. Significant sentences send a strong message to those who would consider committing securities fraud.”
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