De Niro To Portray Fraudster Madoff In TV Biopic

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May 16, 2011 | 2:25pm EST

Robert De Niro is set to bring the story of jailed conman Bernie Madoff to life on the small screen in a new TV biopic.
The Raging Bull star has signed up to portray the convicted fraudster, who is serving a 150-year prison term for stealing billions of dollars from wealthy clients such as John Malkovich, Kevin Bacon and Kyra Sedgwick, and ailing Zsa Zsa Gabor.

The TV movie, for cable network HBO, will be based on New York Times reporter Diana Henriques’ new book The Wizard of Lies: Bernie Madoff and The Death of Trust, reports

De Niro is no stranger to Madoff – the pair were neighbors in the luxury New York vacation retreat the Hamptons.

Madoff was arrested in December 2008 and jailed in 2009.