Posted by
alfredlester on Wednesday, December 23, 2009 11:48:58 PM
SAN FRANCISCO (MarketWatch) -- Bernard Madoff, the man behind the biggest Ponzi scheme in history, has been moved to a medical facility at the federal prison complex where he's serving a 150-year sentence.
Madoff, 71, was in a medium-security facility of the Butner Federal Correctional Complex in Butner, North Carolina. However, on Dec. 18 he was moved to Butner Federal Medical Center, part of the prison complex that houses male inmates of all security levels, Traci Billingsley, a spokeswoman at Federal Bureau of Prisons, said in an email to MarketWatch.
It's not clear why Madoff was moved infra red heaters.
"The potential reasons for an inmate's transfer are numerous and we don't release those specific reasons," Billingsley said.
Ira Sorkin, Madoff's lawyer, didn't immediately respond to phone calls and emails seeking comment on Wednesday afternoon.
Madoff pleaded guilty earlier this year to running a Ponzi scheme that left investors with tens of billions of dollars in losses. He was sentenced to 150 years in prison in June.
Madoff moved to prison medical facility