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Madoff Moved To Penitentiary That Once Housed Charles Ponzi

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July 14 (Bloomberg) -- Conman Bernard Madoff was transferred to the U.S. Penitentiary in Atlanta, where he will begin serving his 150-year sentence, the Bureau of Prisons said on its Web site.

The agency transferred Madoff, 71, from a high-security lockup in lower Manhattan, where he’s been since his March 12 guilty plea, to the medium-security prison in Atlanta. Madoff is scheduled to be released on Nov. 14, 2139, the bureau said.

Charles Ponzi was also incarcerated at the Atlanta facility, CNN reported.

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