Madoff Moved to Prison Medical Facility

Is the ultimate Grinch ill for Christmas?

By Hasani Gittens
|  Wednesday, Dec 23, 2009  |  Updated 5:03 PM EDT
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Thousands of individuals lost their life savings with Madoff.

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Bernie Madoff has reportedly been moved to a medical facility at the North Carolina prison he is in.

Madoff was sentenced in June to 150 years in jail and in July moved to the Butner Federal Prison Complex near Raleigh and Chapel Hill.

The Bureau of Prisons confirmed for CNBC that Madoff was moved to Butner's medical facility last Friday and as of today was still there.

He was admitted after expereincing dizziness and high blood pressure and is staying for observation, according to the New York Times. The BOP denied reports earlier this year that Madoff had been diagnosed with cancer.

His lawyer, attorney Ira Sorkin, declined to comment.

Madoff, 71, pleaded guilty to carrying out a multi-billion dollar fraud that demolished the life savings and retirement accounts of thousands of people, wiped out charities, slashed the bottom line of domestic and foreign companies, and shook Americans' confidence in the oversight of the U.S. financial

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