Jailed Madoff ‘dying of cancer’

CROOKED financier Bernard Madoff is “dying of cancer”, the New York Post claimed yesterday.

The convicted fraudster told inmates at his North Carolina prison 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, the 71-year-old was ordered to spend the rest of his life behind bars after admitting 11 charges of fraud, perjury and false reporting relating to the €65 billion (€45.46bn) scam. It resulted in him having to exchange his upmarket Manhattan apartment for a cell in a federal prison.

The New York Post quoted a fellow inmate as stating Madoff is on 20 pills a day while battling the illness.

“He talks about it all the time. He’s not doing very well,” the unnamed source told the newspaper.