Robert De Niro to Play Bernie Madoff in HBO TV Movie

Entertainment Nov. 10, 2011 AT 12:11PM
Robert De Niro to Play Bernie Madoff in HBO TV Movie Credit: Jason Merritt/Getty

He's played the roles of villains, gangsters, mob-men, and mischievous fathers before, but now Robert De Niro will take on the role of the ultimate ponzi-schemer, Bernie Madoff.

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According to a public release statement from HBO spokesperson Nancy Lesser, the actor, 68, and his production company, Tribeca Productions will team with HBO to adapt the book Truth and Consequences: Inside the Life of the Madoff Family into a TV movie. Reservation Road writer John Burnham Schwartz will write the screen adaptation of the financial guru's story.

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Madoff, 73, worked as a financial advisor for many decades and held a top-tiered reputation for handling massive accounts. However, in 2009 the former chairman of NASDAQ pleaded guilty to 11 federal felonies and admitted he'd been running a ponzi scheme for years, cheating his thousands of clients out of their life savings.

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Indeed, his actions ruined many lives. The former Upper East Side resident himself is now serving a 150-year prison sentence, his son Mark committed suicide in 2010, and thousands of his clients have plead bankruptcy. 

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