Bernie Madoff going home to . . . Butner, North Carolina?
Filed under: People
Convicted Ponzi schemer Bernie Madoff nears the end of his fifteen minutes today as he moves to his final home. After a visit to Atlanta, Georgia, Bernie will reportedly be moving in to his luxurious new accommodations in the the Federal Correctional Complex, located in Butner, North Carolina. Madoff originally requested that he be sent to the medium-security Federal prison in Otisville, New York, which would have been far more convenient for visits from wife and family. Located near the Pennsylvania/New Jersey border, Otisville is neither as prominent nor as exclusive as prisons like Leavenworth, Lompoc, or Alcatraz, but still retains a discreet charm all its own. It once housed famed cocaine dealer (and Blow inspiration) George Jung, as well as Zvonko Busic, the (relatively) famous Croatian hijacker. For all intents and purposes, however, Madoff would have been the most famous inmate in Otisville.
On the bright side, real estate in rural North Carolina is much cheaper than New York. If Ruth Madoff is looking for a place where nobody knows her name, she could do a lot worse.
Of course, if his fellow inmates start to bore him or Ruth never shows up, Madoff will always have the option of reading his mail. Madoffmail.com, a new service, will ensure that he will receive fresh notes, drawings, poems and doodles on every six-month anniversary of his prison term. The company accepts electronic submissions in almost any form, and promises to display some pieces on its website.
Between the stimulating company, the bucolic setting, and the friendly missives headed his way, it seems likely that the next 150 years will fly by!
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Famous White-Collar Crimes
Bernard Madoff, who was sentenced to 150 years behind bars for a massive Ponzi scheme, joins a cast of other high-profile white-collar criminals. Click through the gallery for some of the most memorable offenders.
Stephen Chernin, Getty Images
Stephen Chernin, Getty Images



























Reader Comments (Page 1 of 8)
7-13-2009 @ 6:46PM
no toilet paper said...
bernie should be hanged.....
no if's and's or but's ....
f*ckin worthless piece of sh*t
Reply
7-13-2009 @ 6:03PM
Anne said...
Bernice, no bending over for the soap in front of Bubba ..... HAHAHA
Reply
7-15-2009 @ 9:45AM
roz said...
NOT JUST ONE BUBBA BUT 3 BUBBAS..
How often will his little wifie be able to visit?
If weather is cold she can wear her $45,000.00 coat.
7-13-2009 @ 6:16PM
Terry said...
It amazes me how people rejoice and take great pride in the fallen. What he did was wrong, but people are so cruel in their remarks. Also, I think 150 years is way out of line, for anyone.
Reply
7-13-2009 @ 6:30PM
larry said...
And Terry, how much money did you have invested with Madoff
7-13-2009 @ 6:34PM
BGalpin said...
I agree to not kick someone when they are down. The problem is Mr. Bernie had been doing it for years and ruined many older peoples lives. At least he'll get a roof over his head, a place to sleep and 3 meals a day.
7-13-2009 @ 6:46PM
Valerie said...
Do you feel sorry for the ones who committed suicide after losing their life savings.
7-13-2009 @ 7:25PM
Bill said...
Obviously he didn't steal ALL of your money and leave you penniless and without hope. A lifetime of work and savings blown away so he could pretend to be better than others. If anyone was cruel or mean here, it's Bernie.
7-13-2009 @ 8:21PM
Drude said...
You're an idiot. This scum had no compunction whatsoever stealing the life savings of thousands of people. I hope he is gang raped every night for the rest of his life. Even then, he will have gotten off easy!
7-13-2009 @ 8:43PM
Darwinian said...
Hey Jack Ahole. If everything you labored for your entire life was stollen from you and you had to eat out of a dumpster like some of his victims, you might think differently!!! Especially when he will be fed and his wife gets 2.5 mil. You must of been born without aa brain to even suggest people are remotely mean to him. If it was my family that suffered b/c of him, he would be killed in his new prison home!
7-13-2009 @ 8:59PM
kim said...
i agree.
7-13-2009 @ 9:06PM
jack said...
Terry.... you couldn't be more wrong. What about all the people who trusted this scum bag with their financial futures? They lost everything including the ability to retire or help their own family out. What kind of low life nut job are you? get an education then get a job and see what it feels like to see 20 or 30 years of savings get stolen.
Grandma said it best.... don't put all your eggs in one basket.... don't count your chickens before they hatch.... and if it sounds too good to be true... it is.
7-15-2009 @ 6:52PM
Jay said...
How much did you lose to Madoff????
7-13-2009 @ 10:40PM
mike said...
terry shut the hell up what if it was your life savings if it was mine I would want same justice
7-13-2009 @ 10:56PM
Herbert Merklevinskyvitch said...
Well Terry, obviousbly you did not drop the soap in front of Madoff, in a financial sense that is. He financially hosed a lot of people and 150 years is not enough if you speak with any of them, as I have!!
7-13-2009 @ 11:50PM
ohshungal said...
Maybe you would think differently if it was your ENTIRE life savings or one of family's or friend's. He knew exactly what he was doing, and did it for many years. People are ruined and too old to work for it again. BILLIONS he stole to live the high society. I cry no tears for the man, he's dispictable!!! He got a life sentence.......so be it
7-14-2009 @ 12:17AM
Joie said...
It is refreshing to see someone offer a kindness when it is easy to throw mud. How many more Ponzi guys are out there that weren't caught --- yet.
7-14-2009 @ 1:18AM
JOHNNIE said...
If you, your husband, 3 kids and the dog were all living in your car without a penny, because you gave it all to Bernie, I bet you would be singing a different tune. Wake up, Hon. This set a very good example for future thieves.
7-13-2009 @ 6:34PM
BGalpin said...
I can't believe the outcome. The judge was so tough with sentencing and now he goes to a country club. It's all based on money. Sounds like Bernie got the best sentence money can buy!
Reply
7-13-2009 @ 6:32PM
Al said...
I think the 150 year sentence sends a message, YES to those who control big money recklessly, costing families everything they have. On a smaller scale it happens to a lot of poorer people however the asset loss in this country has been huge. As far as I am concerned anyone pulling off these huge scams deserve less than what Bernie is getting. Self respect is more important, what was Bernie thinking. Maybe his mind isn`t right anymore.
Reply