Funds News

Madoff moved to prison in Atlanta -US prison record

* Madoff starts federal prison life

* Atlanta may not be final destination

NEW YORK, July 14 (Reuters) - Confessed swindler Bernard Madoff was in a medium security prison in Atlanta after being moved from his New York jail cell, U.S. official prisons bureau records showed on Tuesday.

It was not clear from the information on the Federal Bureau of Prisons web site whether the United States Penitentiary in Atlanta, Georgia, is where the disgraced financier would serve his effective life sentence for running Wall Street’s biggest investment fraud.

He was sentenced on June 29 to a total of 150 years on several criminal charges, including securities fraud, money laundering and perjury.

The web site,, which provides locations of inmates listed his full name Bernard Lawrence Madoff, his prison number 61727-054, age 71, race, gender, projected release date of Nov. 14, 2139 and location of the Atlanta prison.

The release date, which is academic in Madoff’s case, automatically reflects a 20 year reduction for good behavior.

The Wall Street Journal and CNBC reported that Madoff was going to prison in Butner, North Carolina. Prisons officials in both Butner and Atlanta could not immediately be reached for comment.

On Monday, a spokesman for the Manhattan Correctional Center - next door to the courthouse where Madoff confessed to his crimes in front of defrauded investors - said he was in transit to another facility, but could not provide details.

Madoff spent the last four months in the jail after pleading guilty to a worldwide fraud of as much as $65 billion.

Madoff’s lawyer had asked that his client be incarcerated at the Federal Correctional Institution in Otisville, New York, a medium-security prison about 70 miles northwest of New York City, but the final decision is made by the prisons bureau.

Madoff will wear prison-issued clothing, initially be in isolation and then have a cell mate, according to those who have served time in the U.S. system. [ID:nN29301447]

He will find himself earning pennies a day sweeping floors, cleaning toilets or manning a stove in the prison kitchen. (Reporting by Grant McCool; Editing by Derek Caney)