Update: Keenum to serve time in same N.C. prison as Madoff

By Patsy R. Brumfield/NEMS Daily Journal

BOONEVILLE – Thomas D. Keenum Sr. will turn himself in by 2 p.m. Monday at the same prison, which houses notorious former New York financier Bernard Madoff.
Butner Federal Correctional Complex in Butner, N.C., also housed R. Allen Stanford, who’s on trial in Texas on charges he masterminded a $7.2 billion Ponzi scheme on investors. Stanford was treated for a prescription drug addiction.
Thursday, the U.S. District Court in Oxford informed Keenum’s attorney, Anthony Farese of Ashland, about the prison designation and his client’s report deadline.
Keenum, 73, a formerly prominent attorney from Booneville, pleaded guilty in 2008 to a three-year fraud in which he borrowed money from banks and repeatedly used the same collateral.
He was sentenced to 22 months in prison, with the request that it be a medical facility where he could be treated possibly for memory problems his family reported before he faced formal charges in 2008.

• Read Friday’s Daily Journal for more details.