Madoff Had Heart Attack, Suffering From Cancer

Jan 23 2014 | 2:44pm 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

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...