Bernie Madoff Fraud Victim Jumps To Death At Manhattan Hotel
Image by Getty Images
Almost a decade after losing billions of his clients’ money in Bernie Madoff’s Ponzi scheme, hedge fund financier Charles Murphy leaped to his death Monday from the twentieth floor of Midtown Manhattan’s luxury Sofitel Hotel, in what is being described as a suicide.
“We are extremely saddened by this news. Charles was an extremely gifted and brilliant man, a great partner and a true friend,” founder John Paulson, who worked with Murphy at the Paulson and Co. investment firm, wrote in a statement. “Our deepest prayers are with his family.”
The implosion of the Madoff scheme was devastating for Murphy, whose then-employer Fairfield Greenwich Group bled $7 billion and closed, with principals including Murphy facing a lawsuit from enraged investors.
Soon after the Madoff catastrophe, Murphy listed his Upper East Side townhouse for sale, and it still remains on the market – available for purchase at almost $50 million. According to the New York Daily News, Murphy was a graduate of Columbia, Harvard, and MIT, and will be survived by four children – two by his second wife and two by his first.
Contact Daniel J. Solomon at [email protected] or on Twitter @DanielJSolomon
It’s our birthday and we’re still celebrating!
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news.
This week we celebrate 129 years of the Forward. We’re proud of our origins as a Yiddish print publication serving Jewish immigrants. And we’re just as proud of what we’ve become today: A trusted source of Jewish news and opinion, available digitally to anyone in the world without paywalls or subscriptions.
We’ve helped five generations of American Jews make sense of the news and the world around them — and we aren’t slowing down any time soon.
As a nonprofit newsroom, reader donations make it possible for us to do this work. Support independent, agenda-free Jewish journalism and our board will match your gift in honor of our birthday!
Support our mission to tell the Jewish story fully and fairly.
