So where is the 71-year-old Madoff now and what is he doing?
Madoff is a medium security inmate at Butner Federal Correctional Complex, a prison located about 45 miles northwest of Raleigh, North Carolina.
Other medium security inmates at Butner include Carmine John Persico, Jr. boss of the Columbo crime family and Jonathan Pollard a civilian United States Navy intelligence analyst convicted of spying for Israel.
Bernie Madoff sleeps on the lower bunk of a cell he shares with a drug offender. He spends about eight hours a day working in Butner's engraving section, making nameplates for desks and doors.
The prison's website lists his release date as November 14, 2139.