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The Madoff Fraud:Scam of the Century
Madoff arrives in NC for 150 year term

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Madoff Sent to N.C. Prison to Begin 150-Year Sentence (Update2) Share | Email | Print | A A A By Cary O’Reilly and David Glovin July 14 (Bloomberg) -- Con man Bernard Madoff arrived at the federal prison in Butner, North Carolina, to begin serving his 150-year sentence for fraud and money laundering, a Federal Bureau of Prisons spokesman said. The agency yesterday transferred Madoff, 71, from a high- security lockup in Manhattan, where he’s been since his March 12 guilty plea, to the federal penitentiary in Atlanta. Madoff left that facility this morning and arrived at Butner shortly after 11:15 a.m., bureau spokesman Greg Norton said. Madoff will be assigned today to one of five housing units, where he will live in “dormitory style housing,” Norton said. If healthy enough, he’ll be given a job. Norton declined to say whether Madoff may eventually be transferred to another prison. “This is where he’s been designated to be,” Norton said. The Butner Federal Correctional Complex, located northeast of Durham, North Carolina, houses 4,874 inmates including Adelphia Communications Corp.
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