After scamming 1,000’s of investors out of billions of dollars former Nasdaq chairman Bernard Madoff is sentenced to the maximum 150 years in prison.

"The size of this ponzi scheme is mind boggling that many people getting taken by this scheme is more than I can comprehend,” Dean of the Charleston Southern University School of Business Dr. John Duncan.

Madoff's victims range from international banks to residents in the Lowcountry. Some losing millions, others retirement and future college funds. 

In court, Madoff said he would live with the torment of his actions for the rest of his life, but he did not ask for forgiveness.

"Generally there's not going to be enough assets to distribute to the investors so they can get a full return on their original status,” Dr. Duncan said.

ABC News 4 attempted to contact several of Bernie Madoff's victims who live in the Charleston area but many were unreachable. Reporter Josh Casio did speak with one of the victims, who refused to go on camera. The victim said he was fed up with Bernie Madoff.

In a statement, Madoff's wife said she feels betrayed and confused by her husband. In the meantime, she has been stripped of $80 million dollars in assets. She has not been charged.

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