BUSINESS
08/13/2009 05:12 am ET | Updated May 25, 2011

Madoff Moved To Fed Prison In North Carolina: CNBC

Convicted swindler Bernie Madoff is on his way to federal prison in Butner, NC, where he is sentenced to spend the next 150 years, CNBC has learned.

According to the Federal Bureau of Prisons Web site, the Butner facility houses a total of about 3,400 inmates.

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