Report: Bernie Madoff cornering hot chocolate market in prison

ByEyewitness News WABC logo
Monday, January 16, 2017
bernie madoff
FILE - In this Jan. 14, 2009 file photo, Bernard Madoff arrives at Federal Court in New York.
Stuart Ramson-AP

NEW YORK -- Ponzi 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.

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