Is john rigas at the same federal prison that Madoff was sent to?
Madoff Is Moved to A Prison in Butner, N.C. Convicted swindler Bernard Madoff was transferred Monday to a federal prison in Butner, N.C., where he will serve his 150-year sentence. The Federal Bureau of Prisons sent the 71-year-old Mr. Madoff to the Butner Federal Correctional Complex, about 30 miles north of Raleigh, and an eight-hour drive from New York City. It isn’t where Mr. Madoff’s lawyer, Ira Sorkin, had asked that his client be housed. He had requested the Federal Correctional Institution in Otisville, N.Y. U.S. District Judge Denny Chin, who handled Mr. Madoff’s criminal case in Manhattan, indicated he would recommend that the Ponzi-scheme operator serve his time in the Northeast. Butner includes two medium-security prisons, a low-security prison, medical facility and satellite prison camp for minimum-security male inmates. As of Monday evening, Mr. Madoff was en route to Butner but hadn’t arrived, said a person familiar with the situation. Scott Sussman, a spokesman for the
Inmates at Butner include Adelphia Communications founder John Rigas and his son Timothy, both found guilty in 2004 of securities fraud. The Rigases are being held in the low-security prison, according to the Federal Bureau of Prisons. John Rigas, 84, is scheduled to be released in 2018, and Timothy Rigas, 53, in 2022. Former Rite Aid Corp. Vice Chairman Franklin C. Brown is serving his 10-year sentence in a medium-security facility at Butner. Mr. Madoff also could be imprisoned with Al Parish, a former economist at Charleston Southern University who pleaded guilty in 2007 to running what prosecutors alleged was a Ponzi scheme that defrauded investors of $66 million. Jonathan Pollard, a former Navy officer, entered a plea deal in 1987 after admitting to spying for Israel. He was eventually transferred to Butner’s medium-security facility. He is eligible for release in 2015. Sources: http
Madoff Is Moved to A Prison in Butner, N.C. Convicted swindler Bernard Madoff was transferred Monday to a federal prison in Butner, N.C., where he will serve his 150-year sentence. The Federal Bureau of Prisons sent the 71-year-old Mr. Madoff to the Butner Federal Correctional Complex, about 30 miles north of Raleigh, and an eight-hour drive from New York City. It isn’t where Mr. Madoff’s lawyer, Ira Sorkin, had asked that his client be housed. He had requested the Federal Correctional Institution in Otisville, N.Y. U.S. District Judge Denny Chin, who handled Mr. Madoff’s criminal case in Manhattan, indicated he would recommend that the Ponzi-scheme operator serve his time in the Northeast. Butner includes two medium-security prisons, a low-security prison, medical facility and satellite prison camp for minimum-security male inmates. As of Monday evening, Mr. Madoff was en route to Butner but hadn’t arrived, said a person familiar with the situation. Scott Sussman, a spokesman for the
Madoff Moved to Federal Prison in Atlanta, U.S. Says (Update3) … the same facility where Charles Ponzi was once incarcerated, to begin serving his 150-year sentence. … to be sent to a medium- security prison in Otisville, New York. … Adelphia Communications Corp. founder John Rigas and his son … Sources: www.bloomberg.com/apps/news?pid=20601087&sid…
Inmates at Butner include Adelphia Communications founder John Rigas and his son Timothy, both found guilty in 2004 of securities fraud. The Rigases are being held in the low-security prison, according to the Federal Bureau of Prisons. John Rigas, 84, is scheduled to be released in 2018, and Timothy Rigas, 53, in 2022. Former Rite Aid Corp. Vice Chairman Franklin C. Brown is serving his 10-year sentence in a medium-security facility at Butner. Mr. Madoff also could be imprisoned with Al Parish, a former economist at Charleston Southern University who pleaded guilty in 2007 to running what prosecutors alleged was a Ponzi scheme that defrauded investors of $66 million. Jonathan Pollard, a former Navy officer, entered a plea deal in 1987 after admitting to spying for Israel. He was eventually transferred to Butner’s medium-security facility. He is eligible for release in 2015.
