Madoff arrives at federal prison in North Carolina

Jul 14th, 2009 - USA Today

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Bernard Madoff arrived at a North Carolina federal prison Tuesday to begin serving his 150-year prison term for running a massive Ponzi scheme that victimized investors around the world, prison officials said.

The 71-year-old disgraced financier arrived at the medium-security Federal Correctional Institution Butner after an overnight stay at an Atlanta prison, said Linda Thomas, a spokeswoman for the U.S. Bureau of Prisons.

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