By Joseph Ax NEW YORK (Reuters) – Andrew Madoff, the son of convicted fraudster Bernard Madoff, died on Wednesday from cancer, his lawyer said. “Andrew Madoff has lost his courageous battle against mantle cell lymphoma,” lawyer Martin Flumenbaum said in a statement. “He died peacefully at Memorial Sloan Kettering Cancer Center on September 3, 2014, surrounded by his loving family.” Bernard Madoff is serving a 150-year prison sentence after pleading guilty to operating a massive Ponzi scheme estimated to have cost investors $17 billion in lost principal.