Bernie Madoff Beaten In Prison: Inmates Confirm

by Yuliya Talmazan | March 18, 2010 at 03:53 pm
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Prosecutors Want Madoff’s Bail Revoked

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Inmates Confirm Allegations Of Madoff Beating

Bernie Madoff's former inmates are confirming reports alleging that the disgraced financial mogul was beaten by another inmate in his prison in Butner, N.C on December 18. Officials deny the beating, saying Madoff needed medical treatment on the day of the alleged attack, but not as the result of a beating. The prison said Madoff suffered from dizziness and hypertension.

Mr. Madoff was treated for a broken nose, fractured ribs and cuts to his head and face, according to a felon currently at Butner serving time on drug charges who was familiar with his condition at the time. The details of the injuries couldn't be independently verified.

The Bureau of Prisons is investigating, but says Madoff never admitted to having been attacked.

But, other inmates say Madoff was in fact assaulted and suffered a broken nose, fractured ribs and lacerations on his head, according to Wall Street Journal's investigation. Three different inmates have confirmed the assault. Ironically, it is alleged that the reason for attack on Madoff was the money that Madoff's attacker said he was owed by former financial mogul.

Madoff is currently serving a 150-year sentence for inventing a Ponzi scheme that led to financial losses for hundreds of Madoff's investors. It is believed Madoff robbed his investors off anywhere between $12 to $20 billion.

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t k kidwai

It wasn't much of a bad news that a swindler was beaten by an inmate.Was Madoff beaten for cheating  thousands of investors through his pronzy schemes?Was it another way of repentance for the crime that inmate committed in the past?

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Sudha Krishna
First Flagged at 4:46 PM, Mar 18, 2010 by Sudha Krishna
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