Poor Bernie -- Madoff Beaten Up in Prison Over Money


Money trouble just seems to follow Bernie Madoff around. A fellow inmate in his North Carolina prison reportedly beat up the ponzi schemer in a dispute over -- what else -- money Madoff may have owed.

In its report, The Wall Street Journal said it was unable to independently verify the story. But three sources -- including a current and former inmate -- did confirm the story.

The report said that the attack occurred last December. After it, Madoff was moved to a low-security medical center for treatment, where he was treated for a broken nose, fractured ribs and cuts to his head and face, according to the current inmate at the Butner Federal Correctional Complex. The former inmate said the dispute centered on money the assailant thought Madoff owed him.

The Journal said the U.S. Bureau of Prisons told it that the incident had been investigated, including an interview with Madoff.

"In December he told staff he was not assaulted, and an investigation was completed following his statements, which corroborated his statements," the newspaper quoted Traci Billingsley, a Bureau of Prisons spokeswoman, as saying. "Not one inmate has told staff he was assaulted."

At the time of the incident, the Bureau of Prisons said the disgraced financier was being treated for high blood pressure and dizziness.

Madoff is serving a 150-year sentence for concocting the $65 billion investment fraud that bilked thousands of investors worldwide.


Popular Video