Disgraced US financier Bernard Madoff, the man accused of orchestrating a $50bn (£35bn) fraud, may plead guilty next week, reports have suggested.
It follows a court filing by the US Attorney's office, which said Mr Madoff is ready to waive an indictment.
Such legal wording is typically used when a plea deal is imminent.
Mr Madoff is expected to plead guilty at a court hearing set for Thursday, 12 March. He has been on bail since his arrest in December.
Mr Madoff is accused of defrauding investors who placed money in his investment fund.
Prosecutors have until Friday 13 March to file formal charges.
House arrest
Mr Madoff, 70, a former chairman of the Nasdaq stock exchange, is accused of running a Ponzi scheme - a system whereby early investors are paid off with the money of new clients.
If convicted, Mr Madoff faces up to 20 years in prison and millions of dollars in fines.
He currently remains under house arrest at his Manhattan apartment as part of his bail terms.
Prosecutors said last month that Mr Madoff's wife withdrew more than $15m from an account shortly before he was arrested.
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