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Report: Bernie Madoff Capitalizing Off Of Hot Chocolate In Prison

1Ponzi schemer Bernie Madoff is reportedly making a name for himself in prison with a new business venture.

According to Market Watch, the 78-year-old is capitalizing off of hot chocolate.

The new report claims Madoff bought up every packet of ‘Swiss Miss’ from the commissary and sold it for a profit in the prison yard.

If inmates wanted the hot beverage, they had to go through Madoff.

He pleaded guilty in 2009 to fraud and is serving out a 150-year sentence at a federal prison in North Carolina.

(Via: ABC News)

7 Responses

  1. A lesson can be learned from here. A person doesn’t change their essence, their Middos. If we work on improving ourselves daily, we will get far. Otherwise, we will remain who we are, despite how much we may learn and “know better”.

  2. Very soon he’ll be accepting investments from his fellow inmates, for this “business”. Before we know it there will be a mini Ponzi scheme underway!

  3. How can people jump to conclusions without researching about why he needs the money?
    You don’t know, so don’t accuse!

  4. So where is BM going to spend his monopolistic earnings? Is he buying favors from guards or other prisoners? Or does he just like the feeling of having money

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