Robert De Niro to star as Bernie Madoff in first movie about scam
ROBERT De Niro is to star as convicted fraudster Bernie Madoff in the first major film about his financial scam.
HBO have bought the recently published book "Truth and Consequences: Life Inside the Madoff Family" which was written with the co-operation of Madoff's son Andrew and other family members.
Both Andrew and his mother Ruth helped promote the book with rare TV appearances including an in-depth interview on "60 Minutes".
De Niro, 68, will star as Madoff, the former Wall St financial expert who swindled investors out of an estimated $50bn with a Ponzi scheme.
Madoff was jailed for 150 years and has since been disowned by his family following the suicide of his eldest son Mark in December 2010 who could not live with the shame of the misery caused to thousands of investors.
The biography will act as source material for the film which is being produced by De Niro and his partner Jane Rosenthal from his company Tribeca Productions.
The Truth and Consequences book was written by Laurie Sandell and describes the aftermath of Madoff's arrest over four years ago.
She revealed Madoff and his wife Ruth attempted to commit suicide after the scale of his deception became known.
Another book on the financial fraudster has been written by the widow of his son Mark.
Stephanie Madoff Mack's book "The End of Normal: A Wife's Anguish, A Widow's New Life" gives an intimate and harrowing account of her husband's two years of despair following his father's stunning revelation in December 2008 that his elite investment advisory business had been "one big lie".