Inmates, Guards Ask Bernie Madoff for Investing Tips
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TIMOTHY A. CLARY/AFP/Getty Images(NEW YORK) — Bernie Madoff, in prison for operating a multibillion dollar Ponzi scheme told the Wall Street Journal that inmates and prison guards constantly ask him for investment advice.
In fact, the prisoners wanted Madoff to teach a course on how to invest, but the prison would not allow that. Madoff is serving a 150-year prison sentence connected to the decades of fraud he perpetrated against investors.
The 75-year-old Madoff also told the Journal that he felt “trapped” into his Ponzi scheme and “always thought he would be able to get himself out of it.”
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