Madoff moved from jail to medical center

Former financier Bernard Madoff (AP Photo/Mary Altaffer)

December 23, 2009 2:11:00 PM PST
The federal Bureau of Prisons reports that financier Bernard Madoff has been moved from a North Carolina federal prison to a prison medical facility.

The bureau noted the change on its Web site Wednesday. A spokeswoman did not immediately return a phone message.

Madoff has been imprisoned since March, when he pleaded guilty to fraud charges and admitted cheating thousands of investors out of billions of dollars.

The 71-year-old Madoff was arrested a year ago after he confessed to his sons and later to the FBI that his private investment business was a fraud.

He is being treated at the Federal Medical Center, part of the Butner Federal Correctional Complex in Butner.

Butner is located near the cities of Durham, Raleigh and Chapel Hill.

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