There goes the neighborhood. Some residents of Old Greenwich, Connecticut are not pleased to learn that they have been joined by none other than Ruth Madoff, wife of the notorious Ponzi schemer Bernie Madoff.
Rumors that Mrs. Madoff had arrived in town were recently confirmed. She apparently moved last October into a modest (by Greenwich standards) house that has either been in her family for years or was purchased for her by her surviving son Andrew, depending on the source. She decided to settle in Greenwich to be close to her son and grandchildren. The Madoffs’ other son, Mark, committed suicide in 2010.