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FRIDAY, NOVEMBER 27, 2009
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Madoff Moved to NC Prison

With transfer, con man begins his 150-year sentence

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(Newser) – Bernard Madoff was transferred today from Manhattan’s Metropolitan Correctional Center to a prison in Butner, NC, to serve out his 150-year sentence, sources tell CNBC. Madoff’s attorney had requested that the 71-year-old convicted Ponzi schemer do his time at Otisville in upstate New York. The prison system tries to place inmates within 500 miles of family; the Butner facility is just within that distance from New York.

Bernard Madoff exits Manhattan federal court, March 10, 2009.
Bernard Madoff exits Manhattan federal court, March 10, 2009.   (AP Photo)
Bernard Madoff exits Manhattan federal court, March 10, 2009.
Bernard Madoff exits Manhattan federal court, March 10, 2009.   (AP Photo)
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9 comments
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psycada
Jul 13, 09 2:31 PM CDT
That didn't take long. Hard time my ass. Reply
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texasaurus
Jul 13, 09 2:38 PM CDT
I hope the "undisclosed location" is somewhere in hell. Reply
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+2
zr1556
Jul 13, 09 3:26 PM CDT
Let him rot in jail. The antithesis of 'good riddance'. Reply
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JackShephard
Jul 13, 09 3:58 PM CDT
He should be transferred to a prison in Pyongyang instead. Reply
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Reader64481089
Jul 13, 09 5:07 PM CDT
This guy deserves more than he got but a court can only do so much but am I the only one who has noticed in the grand scheme of things he is a small time crook? The larger one are still on Wall Street and running the banks and raiding your money each day and not a charge is ever filed.... Reply
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