BUSINESS

Bernie Madoff's Jail Cell At Metropolitan Corrections Center

04/12/2009 05:12 am ET | Updated May 25, 2011

Bernie Madoff's bail was revoked today after he pleaded guilty to 11 counts of fraud in the biggest swindle ever. He'll be formally sentenced on June 16 and faces a maximum sentence of 150 years.

Madoff had been allowed to stay in his expensive Manhattan apartment on bail before today's plea. But that's all changed.

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