Madoff Kin Seek Advice on Life Behind Bars

(NEWSER) - Bernie Madoff has reached his destination for the next 150 years or so. Clad in a blue jumpsuit, the fraudulent financier arrived at Butner Federal Correctional Complex in North Carolina just before noon today, ABC News reports. But the 71-year-old can take heart, because he “hit the inmate lottery,” by being assigned to Butner, according to one federal sentencing attorney. More»

Former partner knows where it is, may cut deal

(NEWSER) - Bernie Madoff has a secret stash, and his partner in crime knows where it is. The Ponzi schemer has told fellow federal prisoners he funneled $9 billion to three people—“I think it was personal friends,” the source tells the New York Post —and he suspects Frank DiPascali is using his knowledge of the recipients to make a deal with prosecutors. More»

Ponzi schemer serving 150-year sentence becomes celeb in prison

(NEWSER) - Bernie Madoff isn't wasting time fretting over the lives he ruined and the fortunes he destroyed. Shortly after he arrived at a federal prison in North Carolina last summer, another inmate was pestering him about the people he had duped, and the Ponzi schemer lost his patience. "Fuck my victims,” he said, according to a New York magazine account based on interviews with two dozen other prisoners. "I carried them for twenty years, and now I’m doing 150 years." More»

Burly fellow inmate broke his nose, fractured his ribs over apparent debt

(NEWSER) - Bernie Madoff suffered a broken nose, fractured ribs, and cuts on his face in a prison beating in December, a fellow prisoner tells the Wall Street Journal . One prison source said the assailant thought Madoff owed him money, and another said the assailant was a muscular man serving time for a drug conviction. Though Madoff reportedly told staff he was not assaulted, he was transferred to the prison's medical center for treatment on Dec. 18; the Bureau of Prisons said he was experiencing dizziness and hypertension. More»

Ponzi schemer has facial fractures; lawyer blames dizziness

(NEWSER) - Bernie Madoff has been receiving medical care for injuries suffered when he fell out of bed and apparently landed on his face. The Ponzi schemer was taken to Duke University Medical Center in Durham on Friday and treated for multiple facial fractures, broken ribs, and a collapsed lung, sources tell ABC11 in Raleigh-Durham. He was discharged this week and is being treated in the prison’s medical clinic. More»