Finally, bastard Madoff is being sent to prison.
As you may recall, Bernard Madoff was sentenced to 150 years in prison and today marks the first day that he will start his sentence in Butner, North Carolina after leaving federal jail in New York City on Monday.
For those that want to look him up, he is prisoner number 61727-054 in the Bureau of Prisons.
It’s great to see that not only is Madoff in jail, he is in a medium security facility, meaning that he will have limited access to the public and probably won’t have a good time at all. For someone who’s used to private yards and estates, this is going to be an emotional win for everyone he’s screwed.
The facility also held other well known criminals, such as John and Tim Rigas, founder of Adelphia Communications, when they were convicted for securities and bank fraud. Jonathan Pollard, the spy for Israel that were connived more than twenty years ago. Omar Abdel-Rahman, who was park of the plot to kill the Egyptian President and to blow up New York City landmarks in 1995.
What a company, and rightly so. While ponzi-schemes are nothing new, the size and magnitude of the Madoff case is astounding. For over two decades, Madoff have scammed and lost as much as $50 billion dollars, leaving many investors devastated.
I just hope that they catch the people that were helping Madoff pull this off, because so far, everyone else is being let out easy.