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Madoff starts 150-year sentence

July 15, 2009|Times Wire Reports

Bernard Madoff's life of luxury is a thing of the past.

The disgraced financier, blamed for what is believed to be the largest Ponzi scheme in history, arrived at a federal prison in North Carolina to begin a 150-year sentence in a cell with two bunk beds, a toilet and a sink.

Madoff -- also known now as prisoner No. 61727-054 -- arrived somewhat under cover at the Butner Federal Correctional Complex about 45 miles northwest of Raleigh.

A prison official said he would be treated like any other inmate. If so, Madoff can plan to work seven-hour days on jobs like painting, plumbing and groundskeeping.

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