Washington, Aug 31 : Bernard Madoff is living in an ''alternate reality'' where he feels that he should not be blamed for losing over 50 billion dollars of other people''s money, as he believes that he is equally a victim as the thousands of people who lost their life savings in his Ponzi scheme.

He is serving a 150 year prison sentence over his involvement in the crime.

The fraudster, said in a telephonic interview with Fox News, that he was as much a victim as others, and is also considering his first TV interview from behind bars to reveal his side of the story.

"`Listen, I was kind of victimised too. You know, I was part of a racket, which is Wall Street. And by the way, my clients all knew I was ripping people off. They were forcing me to do this because they had such high expectations. So I''m kind of a victim too,"' the interviewer quoted Madoff, as saying.

The interviewer also said Madoff told him he was `trapped into the greed of others,' such as his large clients who demanded high returns and looked away from obvious red flags about year-after-year high returns.

"'I made a terrible mistake with the help of others but the fact that these other complicit parties were complicit does not excuse me for allowing myself to be trapped into the greed of others,'" Madoff wrote in one of his emails.

The conversation and e-mail replies have made the interviewer to believe that Madoff is a "pathological liar", who is now trying to prove people that "he wasn''t such a bad guy".