Madoff Had Heart Attack, Suffering From Cancer

Jan 23 2014 | 1:44pm ET

Bernard Madoff, whose $65 billion Ponzi scheme shook Wall Street, is suffering from advanced kidney cancer and recently had a heart-attack.

Madoff told CNBC that he was hospitalized at Duke University Medical Center last month following the heart-attack. He also told the network that he had stage-four kidney cancer—indicating that it may have spread to other parts of his body.

Madoff is back at the federal prison in Butner, N.C., about 15 miles northeast of Duke's Durham, N.C., campus, where he is serving a 150-year prison sentence. The 75-year-old told CNBC that he is not receiving dialysis treatments, and the prison said he is currently in the general population and not at the prison's medical center.

News that Madoff has cancer follows last year's announcement that his surviving son, Andrew, is fighting stage-four lymphoma.

Madoff has been in prison since his 2009 guilty plea.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

Near Term Consolidation In Bullish U.S. Dollar Trend

May 11 2015 | 11:38am ET

The US Dollar is in a multi-year bull market, according to Conor O’Mara, investment...

 

Editor's Note