So today reports are surfacing that Bernard Madoff, the perpetrator of the largest Ponzi scheme in history, is dying of cancer in a North Carolina Federal Prison.

The 71-year-old is reportedly taking 20 pills a day to treat his cancer and has told other inmates that he does not have long to live.

“Lawyers for Madoff have not yet responded to the reports, although they earlier declined to respond to questions on the matter when speculation arose earlier this year that he was suffering from pancreatic cancer. His wife, Ruth, has also declined to answer questions regarding the matter.”

“Madoff is currently serving a 150-year sentence in Butner, N.C., for swindling $65 billion from thousands of investors. He pleaded guilty to 11 felony charges in March and was sentenced in June.”

It is not been stated what from of cancer Madoff is suffering from, but there have been reports that he has been attending “Native American religious purification ceremonies” that use heat rocks and ceremonial pipes.

“Madoff is also being recruited by various prison “gangs,” and some prisoners have been cooking him sandwiches in their cells.”

Check out the original article: Bernard Madoff Apparently Dying Of Cancer

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The massive Ponzi scheme run by Bernard Madoff earned him 150 years in prison. The decision, handed down this morning by U.S. District Judge Denny Chin, was the maximum punishment allowed.

“Here the message must be sent that Mr. Madoff’s crimes were extraordinarily evil and that this kind of manipulation of the system is not just a bloodless crime that takes place on paper, but one instead that takes a staggering toll,” said Chin.

The massive Ponzi scheme Madoff was running had been in effect since the early 1990’s. He unmercifully stole the life savings of thousands of people, and even charities, in a display of greed so grandiose, that he earned himself the maximum punishment possible…“A term comparable only to those given in the past to terrorists, traitors and the most violent criminals.”

“The sentence reflected a growing tendency over the last decade to give white-collar criminals lengthy prison terms. But nothing before has come close to the time given Madoff — an outcome that prompted scattered applause and whoops from a group of burned former clients in a packed Manhattan courtroom.”

“The judge noted that not one of the more than 100 letters he received supported Madoff or described any good deeds he had done.”

“The absence of such support is telling,” Chin said.

Madoff reportedly  showed no emotion as he listened to his victims speak of their anger and despair for nearly an hour. Some openly wept, and some became angered.

“He stole from the rich. He stole from the poor. He stole from the in between. He had no values,” said Tom Fitzmaurice. “He cheated his victims out of their money so he and his wife Ruth could live a life of luxury beyond belief.”

After he was asked by a judge if he had anything to say, Madoff rose slowly and spoke in a monotone manner for close to 10 minutes.

“I will turn and face you,” he said mechanically. “I’m sorry. I know that doesn’t help you.”

Sorry isn’t going to do it Mr. Madoff. In one of our countries most tumultuous financial times, you have contributed to the bad side, which leaves everyday Americans scared to invest money at a time when it is exactly what we need.

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