Manhattan, NY, United States (AHN) – Convicted hedge fund manager Raj Rajaratnam will soon serve his 11-year sentence for insider trading at a federal prison medical center in Massachusetts, reports said.
U.S. District Judge Richard Holwell initially ordered the 54-year-old Rajaratnam to report Dec. 5 at the Federal Correctional Complex in Butner, NC.
It is the same prison where convicted Ponzi scammer Bernard Madoff is serving his 150-year sentence.
The prison at the decommissioned Fort Devens military base in Ayers has an on-site medical center. Rajaratnam has several ailments such as high blood pressure, sleep apnea and Type 2 diabetes. He also had a severe stroke and is seeking a kidney transplant.
Prisoners in Devens are male inmates who require specialized or long-term medical or mental health care. The correctional facility has prisoners from different security classifications ranging from white collar criminals to mobsters and sex offenders.
It has regular onsite specialists in cardiology, nephrology, endocrinology, surgery, neurology and pulmonology.
Devens provides dialysis to 85 inmates but has the capacity for up to 125 kidney patients.
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November 7th, 2011
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