Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Madoff moved back to prison cell

By Julianne Pepitone, staff reporter


NEW YORK (CNNMoney.com) -- Ponzi schemer Bernard Madoff was moved back to his jail cell Monday after being treated for 10 days at a medical facility at the prison where he's incarcerated in North Carolina, according to the Federal Bureau of Prisons.

Madoff was transferred to the medical center at the Butner Federal Correctional Complex on Dec. 18 to receive treatment for hypertension and dizziness, said bureau spokeswoman Traci Billingsley.

madoff_mugshot.03.jpg
Ponzi schemer Bernard Madoff, shown here in his mug shot, was moved back to his cell Monday after 10 days in a prison medical center.

Rumors swirled after his transfer to the medical facility located within the Butner, N.C. prison, as press reports this summer said Madoff had terminal cancer.

In August the BOP released a statement denying those reports, and last week the bureau said it was standing by that statement.

Madoff, 71, pleaded guilty in March to 11 counts related to running the most massive Ponzi scheme in history and was sentenced to 150 years.

Shortly after his sentencing in New York, Madoff was transferred to the medium-security federal prison.

-- CNN's Mark J. Norman contributed to this report. To top of page

Index Last Change % Change
Dow 18,261.45 -131.01 -0.71%
Nasdaq 5,305.75 -33.78 -0.63%
S&P 500 2,164.69 -12.49 -0.57%
Treasuries 1.61 -0.02 -1.04%
Data as of 3:43am ET
Company Price Change % Change
Apple Inc 112.71 -1.91 -1.67%
Bank of America Corp... 15.52 -0.08 -0.51%
Procter & Gamble Co 87.76 -1.23 -1.38%
Yahoo! Inc 42.80 -1.35 -3.06%
Chesapeake Energy Co... 6.63 -0.24 -3.49%
Data as of Sep 23
Sponsors

Sections

Wells Fargo is under increasing pressure to punish the executives who oversaw the bank during a massive fraud that involved creating more than 2 million unauthorized accounts. More

Donald Trump renewed his threats to cut two EPA regulations. He's also said he would be 'dismantling' Dodd-Frank while supporting one hiring regulation. More

Twitter and Square CEO Jack Dorsey is putting a link to voter registration on everyone's digital Square receipts. More

The Department of Education revoked its recognition of the accreditor ACICS, the agency that gave the now defunct ITT Tech and Corinthian for-profit schools stamps of approval. About 245 other schools are at risk of losing accreditation. More