Report: Bernie Madoff dying of cancer

NEW YORK, Aug. 24 (UPI) --

Jailed financier Bernie Madoff allegedly has told fellow inmates he has cancer and doesn't have much longer to live, sources in North Carolina said.

Madoff, 71, is serving 150 years at a prison in Butner, N.C., for swindling more than $65 billion from clients in an enormous Ponzi scheme.

Inmates at the prison said Madoff talks openly about his alleged illness and participates in American Indian purification ceremonies held at a "sweat lodge" on the prison grounds, The New York Post reported in an exclusive Monday.

"He's been taking about 20 pills a day for his cancer," one inmate told the Post. "He talks about it all the time. He's not doing very well."

Lawyers for Madoff and his wife, Ruth, did not return messages left by the Post Sunday. When asked previously if Madoff had cancer, the lawyers neither confirmed nor denied an illness, the Post reported.

Some sources of the Post said Madoff may have taken the fall for the Ponzi scheme, and implicated no one else, because he knew he was suffering from pancreatic cancer and didn't have long to live, the Post reported.


Copyright 2009 by United Press International
All Rights Reserved.

Times of the Internet, now in Spanish


Published: Monday 24th of August 2009 10:20:31 AM
Print | Email Friend |
Receive updates via Twitter

Like this article? Then submit it to your favorite social network to share with others.
Bookmark and Share
Subscribe to Nation RSS Feed: rss feed nation
Read more news stories in nation.
View all posts tagged: Bernard Madoff

Read the last five articles tagged Bernard Madoff

Read the last five articles in the NATION category