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Mark Madoff

December 11, 2010 by USA Post 

Mark Madoff, Mark Madoff, son of multimillionaire investor convicted of fraud Bernard Madoff, was found today dead in his apartment in New York, in what appears to be a suicide, police said.

The body, hanging from a rope was found around 7.30 am local time (12.30 GMT) for the father of Mark Madoff, who called the police immediately.

According to sources, no message was not found near the body of Mark Madoff.

The death comes exactly two years after Bernard Madoff remain detained on 11 December 2008, after confessing his family fraud.

In a statement distributed today by the U.S. media, one of the lawyers of Mark Madoff and his brother Andrew, Martin Flumenbaum, said: “Mark took his life today. It is a terrible and unnecessary tragedy.”

“Mark was an innocent victim of the monstrous crime of his father who succumbed to two years of relentless pressure, slanders and false accusations. We are very saddened by this terrible event,” he added.

Mark and Andrew received this week a lawsuit filed by Irving Picard, the trust appointed by the courts to recover increased maximum funds for the victims in the scam Bernard Madoff, valued at about 50,000 million dollars.

The financier designed a scheme Ponzi (fraudulent pyramid structure fundraising) to defraud their customers, who promised a fabulous return paid in the currency they were investing new customers.

Mark and Andrew Madoff were “brokers” in the financial services company of his father, although in a different division to which starred in the scam and have said repeatedly that the fraud did not know that his father was involved.

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