Bernie Madoff Stole $65 Billion
Bernie Madoff won’t be serving his life sentence in a hellhole.
The North Carolina prison, where the convicted Ponzi schemer has been
sent to serve his life sentence, is considered "the crown jewel" of
the federal prison system. It’s a place where many convicts hope to be
sent. It is the closest thing that exists in the federal prison system
to a country club prison.
The Butner Federal Correctional Complex is about 45 minutes northeast
of Durham. From the outside, you could mistake it for a college
campus, except, perhaps, for the barb-wire.
It’s often sought after by convicts because its staff and facilities
have a good reputation. There are no hardcore maximum-security type
criminals there. It’s all minimum, low, and medium security.