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Cancer fight by conman Madoff, 71; PRISON.


Byline: ANDREW GREGORY

CROOKED financier Bernard Madoff is dying of cancer, it was claimed yesterday.

The convicted fraudster fraudster
Noun

a person who commits a fraud; swindler
, 71, told inmates at his North Carolina prison that he does not have long to live.

Madoff is serving a 150-year prison sentence for masterminding a massive "Ponzi" pyramid scheme that swindled investors out of billions of dollars.

In June he was ordered to spend the rest of his life behind bars after admitting 11 charges of fraud, perjury and false reporting relating to the EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
45billion scam.

The New York Post The New York Post is the 13th-oldest newspaper published in the United States and the oldest to have been published continually as a daily.[3] Since 1976, it has been owned by Australian-born billionaire Rupert Murdoch's News Corporation and is one of the 10  quoted a fellow inmate as stating Madoff is on 20 pills a day while battling the illness.

A source said: "He talks about it all the time. He's not doing very well.

"We know he has done a lot of wrong in his life but he's a very humble person now and facing death has forced him to confront his past."

Rumours have previously suggested that Madoff has been fighting pancreatic cancer in recent months.

Madoff's lawyer Daniel Horowitz has not commented.

CAPTION(S):

JAILED Bernard Madoff
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Publication:The Mirror (London, England)
Date:Aug 25, 2009
Words:176
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