Madoff Returned To Prison Cell After Hospital Stay

Dec 31 2009 | 1:54am ET

Arch fraudster Bernard Madoff spent his first Christmas in prison in a hospital room. But he’ll be marking his first New Year’s Day back in his prison cell.

Madoff, who is serving a 150-year sentence for running a $65 billion Ponzi scheme, was returned to his cell at his North Carolina prison on Monday after 11 days in the hospital. He was transferred their on Dec. 18 due to dizziness and high blood pressure.

Earlier reports had indicated that Madoff had been assaulted in prison, but prison officials have denied that he was attacked.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...