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Hanged: Madoff’s Son Found Dead in NYC Apartment

Hanged: Madoffs Son Found Dead in NYC ApartmentNEW YORK (AP) — A law enforcement official tells The Associated Press that a son of Bernard Madoff has been found dead in New York City of an apparent suicide.

The official says Mark Madoff was found hanged in his Manhattan apartment.

A family member notified police around 7:30 a.m. Saturday.

The official spoke to the AP on the condition of anonymity because he wasn’t allowed to speak publicly about the case.

Mark Madoff and his brother, Andrew, were under investigation but hadn‘t faced any criminal charges in the massive Ponzi scheme that led to their father’s jailing.

Bernard Madoff swindled a long list of investors out of billions of dollars and is serving a 150-year prison term.

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THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.

NEW YORK (AP) — A law enforcement official tells The Associated Press that a son of Bernard Madoff has been found dead in New York City of an apparent suicide.

The official says Mark Madoff was found hanged in his Manhattan apartment.

A family member notified police around 7:30 a.m. Saturday.

The official spoke to the AP on the condition of anonymity because he wasn’t allowed to speak publicly about the case.

Mark Madoff and his brother, Andrew, were under investigation but hadn‘t faced any criminal charges in the massive Ponzi scheme that led to their father’s jailing.

Bernard Madoff swindled a long list of investors out of billions of dollars and is serving a 150-year prison term.

Comments (99)

  • Bearded_One
    Posted on December 11, 2010 at 11:22am

    It is curious that Mark Madoff was found hanged on the morning after a TV special on his father, Bernie Madoff, broadcast the evening before.

    How sad!

    Report Post »  
  • felina g
    Posted on December 11, 2010 at 11:21am

    God Bless.

    Report Post »  
  • publiuswarmac9999
    Posted on December 11, 2010 at 11:09am

    The sins of the father have been visited on the son. This is biblical in its implications.

    Report Post »  
  • Bad Thunder
    Posted on December 11, 2010 at 11:00am

    He probably won’t be the only swinger in that circle….

    Report Post »  
  • Seneca264
    Posted on December 11, 2010 at 10:55am

    Suicide……yeah, right. Mark was probably in the process of turning state’s evidence to save his own skin. The Wall Street boys must have arranged for his necktie party. If you live by sword, you die by the sword.

    Report Post » Seneca264  
  • EqualJustice
    Posted on December 11, 2010 at 10:40am

    It‘s a shame that greed and deceit ruined so many people’s lives. Satan at work…

    Report Post » EqualJustice  
  • jagr1850
    Posted on December 11, 2010 at 10:32am

    bet many investors want to kill them selves after maddof stole their life savings….$$$$
    would like to see the names of the investors who have committed suicide over the bad investment scheme !!!

    Report Post » jagr1850  
    • SlimnRanger
      Posted on December 11, 2010 at 4:28pm

      well when it sounds to good to be true it usually is to good to be true

      Report Post »  
  • burnteye86
    Posted on December 11, 2010 at 10:28am

    I‘m sure it won’t be long before Jullian Assaunge (however it’s spelled) will “commit suicide” too.

    Report Post » burnteye86  
  • AzDebi
    Posted on December 11, 2010 at 10:27am

    I read that his wife was out of town with their 4 year old and he was in his apartment with their 2 YEAR OLD…sad story…an eternity is a very long time…

    Report Post » AzDebi  
  • Sinista Mace
    Posted on December 11, 2010 at 10:20am

    I wonder what Al-CIA-Duh agent killed this guy..

    Report Post » V-MAN MACE  
  • Patriotic Minuteman
    Posted on December 11, 2010 at 10:20am

    To heck with the Madoffs! Save this fellow American Patriot!! Listen to te radio message and pass it on to all you can to hear!!! http://www.wnd.com/index.php?fa=PAGE.view&pageId=238541

    Report Post » Patriotic Minuteman  
    • EqualJustice
      Posted on December 11, 2010 at 10:39am

      They are throwing him under the BUS! He was about to become a Full Colonel and possibly Surgeon General of the Army! This is NOT some young nut trying to get out of going overseas! It‘s a shame they won’t allow ANY defense to be presented and he will go to JAIL.

      Report Post » EqualJustice  
  • Tommy Hawk
    Posted on December 11, 2010 at 10:14am

    There is not a sin that has not been paid for by Jesus. I was delivered from the Mafia and if I would have had the chance would have did what Mr. Madoff did. I sure he is setting in prison now really stressed by his son’s death. http://www.stressterminator.com for my story free from the mafia.

    Report Post » Tommy Hawk  
    • BeckIsNuts
      Posted on December 11, 2010 at 10:26am

      Nobody ever gets out of organized crime families. Alive.

      Report Post »  
  • oldfart
    Posted on December 11, 2010 at 10:14am

    Whether it was self inflicted or he had some help, either way, Bernie is learning the true consequences of his life!

    Report Post » oldfart  
    • Oil_Robb
      Posted on December 11, 2010 at 3:31pm

      Yup……..like anyone beleived the kids and wife didnt know what was going on……the money changers commiting suicide…go ahead and vote Democrat Jews…as Obama turns his back on you

      Report Post »  
  • psst
    Posted on December 11, 2010 at 10:02am

    Sometimes One can pass judgement on Oneself much more harshly than society as a whole was won’t to do.
    The term ” I can’t live w/ myself” came into play here.
    Conscience.

    Report Post »  
  • poverty.sucks
    Posted on December 11, 2010 at 10:01am

    Unpleasant news, comes with the territory.

    When those fail to turn their lives over to Christ, there isn’t anywhere else to turn to. That is Social Justice.

    Report Post » poverty.sucks  
    • Rick300
      Posted on December 11, 2010 at 10:23am

      Amen to that… A prayer for Mark and the entire Madoff family. What a heartbreaking thing for any family to go through.

      Report Post » Rick300  
    • bookofwisdom
      Posted on December 11, 2010 at 10:44am

      Sorry, I have to disagree. Turning your life over to Christ does not always stop you from taking your own life. I am a Christian and God stayed my hand once, seconds from eternity. Nobody can know what you are going through that makes you want to end your life here on earth. I‘m sorry he had nobody to talk to and I’m sorry if he could not hear God’s voice telling him not to do it (if he did it and not someone else). I’m sorry for the family because they will never understand either and now have to deal with the guilt of not being there for him when he needed them most. May God Bless.

      Report Post » bookofwisdom  
  • NickDeringer
    Posted on December 11, 2010 at 9:59am

    Sad.

    Madof is bring more grief to those around him.

    Report Post » NickDeringer  
  • mikenleeds
    Posted on December 11, 2010 at 9:58am

    why would someone kill them selfs ,, his family has stolen so much money that he could of hire someone to take his place at the end of the rope ,, your scummy family my escaped this world but god is waiting on the other side for you …..

    Report Post » mikenleeds  
    • MissDiane1966
      Posted on December 11, 2010 at 12:39pm

      No, your statement is incorrect. One should not hold the entire family criminally responsible for one’s wrong-doing unless they were completely involved. Bernie Madoff made it very clear that his kids didn’t know about it for many years until a year before he was arrested.

      I feel bad for Mark’s wife, child and his brother. I guess compassion isn’t part of your vocabulary.

      Report Post » TXLadyPatriot  
    • crossdraw
      Posted on December 11, 2010 at 2:03pm

      Come on Mikenleeds. Slow down and add some correct grammar and spelling.

      Report Post »  
  • kalicopete
    Posted on December 11, 2010 at 9:57am

    I hope they don’t find he stabbed himself in the back before he hung himself…..

    Report Post » kalicopete  
  • parmajohn
    Posted on December 11, 2010 at 9:56am

    Sad To say but at least one of them have a consious……

    Report Post »  
  • Rn mom
    Posted on December 11, 2010 at 9:52am

    No amount of money in the world can trump the life of your child…. a lesson Bernie is now learning.

    Suicide? Just cause he’s at the end of a rope does not mean he committed suicide- there are a lot of unhappy trust fund babies out there. Maddof has a lot of enemies.

    Report Post » RN MOM  
    • Oil_Robb
      Posted on December 11, 2010 at 3:33pm

      If he didnt do anything wrong he had nothing to worry about….he was buried to the nuts in the scam along with the rest of the summy family

      Report Post »  
  • Gonzo
    Posted on December 11, 2010 at 9:50am

    No need for an investigation now, I‘d say he’s confessed.

    Report Post » Gonzo  
    • tower7femacamp
      Posted on December 12, 2010 at 9:40am

      yes no need now to look into why the SEC let this go on and on
      and on for 20 yrs….

      Report Post » tower7femacamp  
    • Gonzo
      Posted on December 12, 2010 at 11:01am

      If you bother to read the story, the investigation I am referring to is over this guy’s involvement and knowledge. Not the SEC.

      Report Post » Gonzo  
    • tower7femacamp
      Posted on December 13, 2010 at 4:13pm

      Point taken Gonzo I did not mean to offend you
      I was referring to the Media, but I see it does read
      like I meant you, I am sorry.

      Report Post » tower7femacamp  
  • Fletch
    Posted on December 11, 2010 at 9:50am

    Never nice to see someone take his own life … but then consider the life

    Report Post » Fletch  
  • TheWood
    Posted on December 11, 2010 at 9:48am

    Hang around! It get’s better.

    Report Post » TheWood  
  • ADMIRAL747
    Posted on December 11, 2010 at 9:47am

    WOW!! I‘m betting they will dismiss the rest of pappa Bernie’s sentence for grief. This whole story is sad.

    Report Post »  
    • knotaclu
      Posted on December 11, 2010 at 11:13am

      the pain and anguish Berine feels now due to the death of his son may be somewhat like the pain the people he bilked out of their life savings felt….very sad indeed….

      Report Post »  
  • LSX
    Posted on December 11, 2010 at 9:47am

    Karma?

    Report Post » LSX  
    • Shurmus
      Posted on December 11, 2010 at 10:01am

      Confession

      Report Post » Shurmus  
    • shorthanded12
      Posted on December 11, 2010 at 10:05am

      Weird, CNBC just played American Greed lastnight Featuring Mr Madoff. Mr Madoff and all his confidants who participated in this sceme should be held accountable. BUT….LOOK at what the federal government is doing to the population as a whole. another Stimulas Bill linked to this Bush Tax cuts extension. PORK PORK PORK….The Feds make Bernie Madoff look like chump change. When can the American People see some the Feds be held accountable for there reckless behavior and robbing the American people???????????????? Just asking!!!!!!!!!!!!!!!

      Report Post »  
    • Mister President
      Posted on December 11, 2010 at 10:06am

      I wouldn’t call it Karma. If the he did know what was going on and was part of the criminal conspiracy, then he may have taken his own life out of fear of punishment.

      However, if, as Madoff claims, no one else really knew about the Ponzi Scheme, I imagine incredible guilt about the harm his father had caused others and the destruction of his and his family’s pride and everything he had believed to be good and decent about his father led to his decision to take his own life. He realized he had lived a lie at great expense to others.

      A Ponzi Scheme probably starts somewhat innocently with arrogance. People think they will be able to keep it going infinitely. In Madoff’s case, I imagine he originally did plan on finding a way to earn the money back; he does have the education required to deal in the markets legitimately. However, very quickly something like that can spin out of control – like with Enron. What was a small, insignificant, seemingly easy to repair lie ends up requiring more and more lies and deception to perpetually cover up. By the time someone like former Enron CEO Jeff Skilling could see and realize what he had done, there was no way to stop it and then guilt sets in. And, then you realize your family and friends will fall with you – your son hangs himself.

      Report Post » Mister President  
    • DagneyT
      Posted on December 11, 2010 at 10:33am

      Sins of the father visited upon the son?

      Report Post » DagneyT  
    • MAULEMALL
      Posted on December 11, 2010 at 10:54am

      Way to go Bernie..

      I hope you and your boyfriend find solace in the fact that you have another kid who will probably be stringing himself up soon as well..

      Report Post » MAULEMALL  
    • TruthTalker
      Posted on December 11, 2010 at 11:02am

      No mention of a note.

      Report Post »  
    • CatB
      Posted on December 11, 2010 at 11:28am

      I understand that his 2 year old was in the apartment and his wife in Florida …. strange and sad for the child.

      Report Post »  
    • what4
      Posted on December 11, 2010 at 12:26pm

      well he picked stretching the neck over stretching the *********! 1 less pos for america

       
    • CYCLONE
      Posted on December 11, 2010 at 12:54pm

      … guessing the trust fund money did’nt hit up on the ATM ?????…(*suck it*)…. lmfao !!!

      Report Post »  
    • OATMEAL
      Posted on December 12, 2010 at 12:05am

      So sorry to hear of this…….

      Report Post »  
    • tower7femacamp
      Posted on December 12, 2010 at 7:17am

      Did this guy know something ?
      maybe another DC madame case ?

      Report Post » tower7femacamp  
    • Deuteronomy22
      Posted on December 12, 2010 at 8:14pm

      “However, if, as Madoff claims, no one else really knew about the Ponzi Scheme”-Mister President

      LOL! As if Madoff suddenly became an honest man after being caught rather than protecting his family and other cohorts. Mark Madoff took the easy way out and left his wife to deal with the eventual seizing of all of their wealth and assets. He was a weasel in the highest degree.

      Report Post » Deuteronomy22  

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