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 17,773.64 -57.12 -0.32%
Nasdaq 4,775.36 -29.93 -0.62%
S&P 500 2,065.30 -10.51 -0.51%
Treasuries 1.82 -0.02 -1.03%
Data as of 2:07am ET
Company Price Change % Change
Bank of America Corp... 14.56 -0.23 -1.56%
Freeport-McMoRan Inc... 14.00 1.34 10.58%
Ford Motor Co 13.56 -0.53 -3.76%
Apple Inc 93.74 -1.09 -1.15%
Microsoft Corp 49.87 -0.03 -0.06%
Data as of Apr 29
Sponsors

Sections

The Oracle of Omaha joked that the impact on Corporate America would not be the biggest problem of a Donald Trump presidency. More

The Dow is down 300 points over the past two days, leaving the index on track for its worst week since early February. Blame fumbled earnings reports from the likes of Apple and Google as well as concerns about the Bank of Japan. More

Now you can watch the SpaceX Falcon 9 rocket land on a barge as if you were standing on the deck of the ship. More

Visa says new software will allow consumers to check out with chip cards as fast as swiping a card with magnetic strip. More