The Rio Norte Line

What follows was originally posted in October of 2010.

If you live in the United States and haven’t heard the name Bernard Lawrence “Bernie” Madoff, you either just arrived by hitching a ride on a cargo ship after thirty years in Malaysian jungle or you were born yesterday…in reality. Bernie and his clan pulled of perhaps the greatest Ponzi scheme ever, so big that any multi-level marketing company must be green with envy. On June 26, 2009, Judge Denny Chin ordered Madoff to forfeit $170 billion in assets and prosecutors asked Chin to sentence him to the maximum 150 years in prison, which Chin ultimately did. Should you wish to contact good ole Bernie for financial advice, he is Prisoner #61727-054 and receives his mail at the Federal Correctional Institution Butner Medium near Butner, North Carolina, about 45 miles (72 km) northwest of Raleigh.

What earned Bernie such a long stay…

View original post 1,110 more words

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