Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Prison coaches charge up to $20K to prep white-collar perps - like Martha Steward & Madoff

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-14-09 11:39 PM
Original message
Prison coaches charge up to $20K to prep white-collar perps - like Martha Steward & Madoff
Prison coaches charge up to $20K to prep white-collar perps

By Kevin Johnson, USA TODAY

Wealthy first-time convicts are turning to a novel cottage industry: prison coaches with advice on what it's like inside the big house.

Feeding off of notorious financial scandals, consultants school anxious inmates for fees of up to $20,000. White-collar convicts such as Martha Stewart and Bernard Madoff sought their help to learn about inmate life.

"After all, it's not like planning your vacation," Ira Sorkin, Madoff's lawyer, says of the service that the Wall Street swindler used to prepare for his 150-year prison term.

Madoff and Stewart got their penitentiary insight from the Baltimore-based National Center for Institutions and Alternatives. Herbert Hoelter, its co-founder, says the firm waived its fee for Madoff because his assets were frozen.

At least a half-dozen similar firms have emerged across the country. Steven Oberfest, for instance, touts himself as an "inmate adaptation specialist" and offers a course in close-quarters combat.

"I can prepare you to go into hell," says Oberfest, an ex-convict who opened his firm after the 2002 Enron collapse.

http://www.usatoday.com/news/nation/2009-07-14-prison101_N.htm?csp=24&RM_Exclude=Juno
Printer Friendly | Permalink |  | Top
billyoc Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-14-09 11:42 PM
Response to Original message
1. Hopefully this will become a growth industry.
Printer Friendly | Permalink |  | Top
 
aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-15-09 02:06 AM
Response to Reply #1
2. I know. I wish them great success.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 12th 2024, 05:02 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC