Bernard Madoff’s Son Mark Commits Suicide
Mark Madoff, the son of disgraced Jewish financier Bernard Madoff, was found dead in what is believed to have been a suicide.
The Associated Press quoted New York police as saying that Madoff, 46, was found hanging Saturday in his Manhattan apartment. Mark Madoff’s death coincided with the second anniversary of his father’s arrest on fraud charges.
Bernard Madoff is serving 150 years in prison for what is believed to be the largest Ponzi scheme – investors see returns only when new investors are lured in – in history.
A number of major Jewish organizations profited from and were victims of the scheme. Hadassah this week said it would repay $45 million to the court-appointed trustee of Madoff’s estate, who is seeking to distribute equitably what is left of the scheme’s funds.
Madoff’s sons, who reportedly turned in their father, have not been charged in the scheme, and the elder Madoff said it occurred without their knowledge.
However, Mark and Andrew Madoff were under investigation, and the trustee had sued them for profiting from the business without adequately investigating how it was making money.
The Forward is free to read, but it isn’t free to produce
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.
Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
This is a great time to support independent Jewish journalism you rely on. Make a gift today!
— Rachel Fishman Feddersen, Publisher and CEO
Support our mission to tell the Jewish story fully and fairly.
Dive In
-
Fast Forward Chicago mayor donned keffiyeh for Arab Heritage Month event, sparking outcry from Jewish groups
-
Fast Forward The invitation said, ‘No Jews.’ The response from campus officials, at least, was real.
-
Fast Forward Latvia again closes case against ‘Butcher of Riga,’ tied to mass murder of Jews
-
Fast Forward Protesters clash in Crown Heights as Ben-Gvir visits Chabad headquarters
Most Popular
- 1
Culture Trump wants to honor Hannah Arendt in a ‘Garden of American Heroes.’ Is this a joke?
- 2
Opinion The dangerous Nazi legend behind Trump’s ruthless grab for power
- 3
Fast Forward The invitation said, ‘No Jews.’ The response from campus officials, at least, was real.
- 4
Opinion A Holocaust perpetrator was just celebrated on US soil. I think I know why no one objected.
In Case You Missed It
-
Culture In a Haredi Jerusalem neighborhood, doctors’ visits are free, but the wait may cost you
-
Fast Forward Chicago mayor donned keffiyeh for Arab Heritage Month event, sparking outcry from Jewish groups
-
Fast Forward The invitation said, ‘No Jews.’ The response from campus officials, at least, was real.
-
Fast Forward Latvia again closes case against ‘Butcher of Riga,’ tied to mass murder of Jews
-
Shop the Forward Store
100% of profits support our journalism
Republish This Story
Please read before republishing
We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines.
You must comply with the following:
- Credit the Forward
- Retain our pixel
- Preserve our canonical link in Google search
- Add a noindex tag in Google search
See our full guidelines for more information, and this guide for detail about canonical URLs.
To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.