Thursday, March 18, 2010

Bernard Madoff 'Beaten Up In Jail'

TIMES ONLINE: Bernard Madoff, the multibillion-dollar investment fraudster, was reportedly beaten up in prison by a fellow inmate with a black belt in karate who inflicted serious injuries.

The former Wall Street tycoon was allegedly attacked for the second time last December as he served the first months of a 150-year sentence for operating a $65 billion Ponzi scheme.

After the attack, Madoff, 71, was transferred to a low-security medical centre, where he was treated for a broken nose, fractured ribs and cuts to his head and face, a prisoner in Butner, North Carolina, told The Wall Street Journal. >>> Nico Hines | Thursday, March 18, 2010