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Robert De Niro to play fraudster Bernie Madoff

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Robert De Niro makes an appearance at the opening ceremony of the Cannes International Film Festival, in Cannes, France

© WENN

Robert De Niro is in line to star as disgraced New York financier Bernie Madoff in a new TV biopic.

According to The Hollywood Reporter, HBO recently acquired the rights to New York Times reporter Diana Henriques's book The Wizard of Lies: Bernie Madoff and the Death of Trust.

De Niro, who is of a similar age to Madoff, will star in the biopic as well as producing alongside Jane Rosethal through their company Tribeca Productions.

Madoff was jailed in 2009 following a global Ponzi scam involving thousands of victims, including the likes of John Malkovich, Kevin Bacon and Zsa Zsa Gabor.

The fraudster is currently serving a 150-year prison sentence, and recently admitted that his family no longer wish to speak to him.

De Niro is currently at the Cannes Film Festival, where he is serving as the president of this year's jury.

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