Showing posts with label madoff. Show all posts
Showing posts with label madoff. Show all posts

Saturday, December 11, 2010

Is he Sorry Now? - Madoff's Son Commits Suicide

Bernie Madoff's eldest son, Mark hanged himself today. The suicide came two years to the day that his father was arrested.  Both of Madoff's sons have been investigated and many think that they had to have known what was going on with their father's ponzi scheme that bilked billions from people.  Even though it is the the two sons that turned him into authorities. 

Authorities said today that no charges were due to filed against the younger Madoff.  So, it is impossible to say what has caused him to go this far.  There was apparently a great deal of pressure on him:

Nikolay Reva, a 28-year-old salesman in the Prada boutique on same block, said that Mark and his wife would come in with their children to shop, both before and after the scandal broke two years ago.



Mark "was very sweet, respectful, friendly," said Reva. "But after his father's arrest, you could see the person diminishing slowly, you could see something started to happen physically, and he wasn't as talkative."
The younger Madoff apparently had sent some strange emails to his wife, who happened to be in Florida with their eldest child.  His wife was worried enough to contact a family member to check on him and he was found hanging from a dog leash.  His two year old son slept in the next room and was unharmed.  It is terrible that he would do something like that with his child in the house. 

The only thing that keeps going through my head is this when Bernie will have his "Come to Jesus" moment?  He has destroyed people's lives and his son is just the latest victim.  But, the biggest victims will be his two young grandchildren who will now grow up without their father. 
"Madoff has never shown any remorse Somehow, I don't see even this doing anything to affect this sociopath. 
This is a terrible and unnecessary tragedy," Madoff's lawyer, Martin Flumenbaum said in a written statement. "Mark was an innocent victim of his father's monstrous crime who succumbed to two years of unrelenting pressure from false accusations and innuendo."
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