Ponzi king Madoff emerges victorious in prison fight
October 14th, 2009 - 6:09 pm ICT by ANI ( Leave a comment )
North Carolina, Oct 14(ANI): Jailed Ponzi king Bernard Madoff was involved in a prison scuffle with a fellow inmate in North Carolina federal prison following a debate over stock market, and reportedly came out victorious.
According to reports, Madoff and the other inmate had a heated debate over the stock market, which turned sour when the former pushed Madoff.
Madoff retaliated and as his attacker tried to stand up straight, Madoff hovered over him, red-faced and glaring.
The 71-year-old emerged the winner in the brawl as the other inmate chose to leave the scene.
“I didn’t think Bernie had it in him. He got the best of him; he was really aggressive, and the other guy was in shock that he fought back,” The New York Post quoted an inmate, as saying.
Madoff has been convicted for committing a fraud of over 60 billion dollars. He pleaded guilty to an 11-count criminal complaint, and had admitted to defrauding thousands of investors of billions of dollars.
He has been sentenced to 150 years in jail in June after pleading guilty to orchestrating a multi billion-dollar Ponzi scheme. (ANI)
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Tags: attacker, bernard madoff, billion dollars, billions of dollars, criminal complaint, federal prison, fellow inmate, fraud, investors, new york post, north carolina, ponzi, shock, stock market