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NEWS ABOUT: federal prison

Madoff on Fooling SEC: 'Just Be Casual'

Ponzi schemer taped giving associates tips to dodge regulators

(Newser) - The most important thing to remember if you want to fool the SEC is to act casual, Bernie Madoff told executives at Fairfield Greenwich Group. “You don't want them to think you're concerned about anything,” the Ponzi scheme mastermind said in a phone call taped in 2005, CNN ... More »

Vick Can Return in Week 3: NFL

(Newser) - Michael Vick, who last played in the NFL in 2006, will be eligible to suit up for the Eagles on Sept. 27, the Philadelphia Daily News reports. "Hopefully we can have a success story here that will be good for society in general and good for the NFL,"... More »

Madoff Is Cancer-Free: Prison Official

(Newser) - Contrary to what you might have read in the New York Post, Bernie Madoff does not have cancer, Bloomberg reports. “While the N.Y. Post story is full of inaccuracies, and we can’t specifically address all of them, we can tell you that Bernie Madoff is not terminally... More »

Vick Vows He 'Won't Disappoint'

QB: 'I'm glad to have a second chance'

(Newser) - Michael Vick says he “won’t disappoint” as a player for of the Eagles, the Philadelphia Daily News reports. “I’m glad to have an opportunity at a second chance,” said the convicted felon and newly signed quarterback. He said at a press conference today he had... More »

Would-Be Ford Assassin Goes Free

(Newser) - Attempted presidential assassin and Manson Family member Lynette "Squeaky" Fromme is free after more than 30 years in prison, ABC News reports. Fromme. 60, had completed her term for the attempted assassination of Gerald Ford—she didn’t get off a shot—but was held longer because of a... More »

Feds Tour Mich. Prison Eyed as New Gitmo

(Newser) - Obama administration officials are traveling to Michigan today to visit a maximum-security prison that could be used to hold some or all of the 229 terrorism suspects now at Guantanamo Bay, reports the Detroit News. Members of the Defense, Justice, and Homeland Security Departments are all touring the facility. Local... More »

Madoff Crafty but Dumb: New Book

Pals surprised he pulled Ponzi scheme off

(Newser) - Bernie Madoff was a swindler from a young age—but many acquaintances also considered him “the dumbest man on earth," says an upcoming exposé. Jerry Oppenheimer’s new book, Madoff With the Money, also reveals that the Ponzi schemer skirted 2 years of Army Reserve duty during the... More »

Madoff Arrives at Posh Prison

(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,... More »

Madoff Won't Appeal

Conman resigned to life in prison

(Newser) - Bernie Madoff will do his time, his lawyer said today. The 71-year-old con man sentenced to 150 years in prison on a slew of fraud charges related to his massive Ponzi scheme won’t file an appeal, Bloomberg reports. “In terms of the appeal, done, over,” Madoff’s... More »

Madoff Sentence a Massive Waste: Alec Baldwin

(Newser) - Alec Baldwin throws water on the general celebration of Bernie Madoff's prison sentence, arguing that the 150-year term handed down to the fraudster Monday was a wasted opportunity. "I want to suggest, as I am confident others have, that Madoff be given a reduced sentence in exchange for answering... More »

No Cushy 'Camp Fed' for Madoff

(Newser) - Bernard Madoff’s high profile and long sentence will likely land him in a medium- or high-security prison, Bloomberg reports. Though previous white-collar criminals have spent terms at federal prison “camps,” any sentence longer than 10 years makes an inmate ineligible for that cushy treatment. Insiders also say... More »

How Will Ruth Madoff Survive on Just $2.5M?

With $125K to spend yearly, time to trade in the pair of Mercedes

(Newser) - With just $2.5 million at her disposal as her husband heads to jail, Ruth Madoff won't exactly be sentenced to penury, but she'll have to cut her annual expenses to the low six figures if she wants it to last her lifetime, reports Brett Arends of the Wall Street ... More »

Governors Unwilling to Take Gitmo Detainees

(Newser) - Governors are more than a little reluctant to house Guantanamo Bay detainees in their state prisons, the Washington Times reports. The paper asked a variety of governors’ offices if they’d be willing to take the prisoners, including those from states whose congressmen support the idea of shutting Gitmo. Almost... More »

Colorado Town Would Welcome Gitmo Inmates

Supermax is already home to Unabomber, '20th hijacker'

(Newser) - Members of Congress have protested President Obama's efforts to move Guantanamo inmates to US prisons, but residents of Florence, Colo., say they wouldn't mind taking in a few enemy combatants. The supermax prison near town already holds some of the world's most infamous terrorists: a 1993 World Trade Center assailant,... More »

Supermax Neighbors Fear Gitmo Influx

Townspeople worry that transfer will make them a target for terrorists

(Newser) - People who live near some of America's most notorious killers fear closing Guantanamo Bay will wreck their neighborhood, the New York Times reports. Residents of Cañon City, Colo., close to the Florence "Supermax" prison, worry the detainees will be transferred there, making them a target for terrorists and... More »

Vick May Do PSAs for PETA

(Newser) - As he seeks to scrub his sullied image, disgraced NFL quarterback Michael Vick is in talks appear in public-service ads for People for the Ethical Treatment of Animals, Advertising Age reports. “We want him to discourage people from taking part in dogfighting,” a PETA rep said of charges... More »

Madoff Kin Seek Advice on Life Behind Bars

Bernie's relatives look into former inmate's 'Fedtime 101' course

(Newser) - Two of Bernie Madoff’s family members have contacted a consultant who teaches a class on life in the slammer, the New York Post reports. Madoff’s niece, a compliance officer at his firm, is “concerned about her safety,” a source told the Post. Shana called a former... More »

Madoff Jail Won't Be as Bad as Shawshank: Expert

(Newser) - The next big question for Bernie Madoff: Just how bad will prison be? It’s unlikely the disgraced financier will get cushy Club Fed accommodations, CNNMoney reports. Ed Bales, a consultant who prepares inmates for jail, says such facilities were shut down years ago. But Madoff can take heart, he... More »

Warrant Out for Convict in Levy Killing

(AP) - A Salvadoran immigrant in prison for attacking two women joggers in the park where Chandra Levy's remains were found is named in an arrest warrant issued today in connection with her death. Investigators questioned Ingmar Guandique—now in federal prison in Adelanto, Calif.—in 2002 about Levy's slaying after... More »

Feds Prepare to Spring Vick

(AP) - Michael Vick has been approved for release to home confinement, a government official said today. The disgraced NFL quarterback's lawyers have said they expect him to be moved any day into a halfway house in Newport News, Va. But the official says there's no bed space, so Vick could be... More »

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