Investor In Madoff Scheme Kills Himself

A former British soldier killed himself after losing his life savings in an alleged $50 billion fraud run by Wall Street financier Bernard Madoff, the dead man's son said.

Sections:  world   business   
Topics:  bernard madoff   ponzi scheme   suicide   
RELATED ARTICLES
  • US suicide rate rose sharply among middle-aged
    Health officials say suicides among middle-aged Americans climbed at a startling rate over the past decade, a period that included the recession. Overall, the suicide rate for the age group jumped 28 percent from 1999 to 2010. And among whites, it shot up 40 percent.... More
  • Family of assaulted Calif. teen who committed suicide planning legal action
    The attorney for the family of a California girl who committed suicide after she was sexually battered and then cyberbullied with a humiliating photo plans to file a civil action against the suspects Monday. More
  • Officer Killed Boyfriend and Son in Murder-Suicide, Police Say
    An off-duty police officer was believed to have shot and killed her boyfriend and their 1-year-old son, and then turned the gun on herself in an apparent murder-suicide at their Brooklyn home on Monday morning, investigators said. The officer’s 19-year-old son managed to escape the three-story house on East 56th Street by fleeing through a bedroom window after hearing the sound of gunshots, said Paul J. More
  • 3 teens arrested for assault after girl's suicide
    Eight days after allegedly being sexually battered while passed out at a party, and then humiliated by online photos of the assault, 15-year-old Audrie Pott posted on Facebook that her life was ruined, "worst day ever," and hanged herself.... More
  • French 'Survivor' show's doctor commits suicide following contestant's death.
    A doctor overseeing the French version of the "Survivor" reality show has committed suicide following the sudden death of a contestant who he had treated, France's biggest TV station says. Dr. Thierry Costa killed himself on location Monday on an island in Cambodia, the TF1 station said. More
BING NEWS:
  • Madoff’s reporting red flags led to demands for transparency, but what’s changed in 15 years?
    The 15th anniversary of Bernie Madoff’s conviction, a milestone that marked the exposure of the largest known Ponzi scheme in history, worth an estimated $65bn, was just last month. His arrest ...
    04/26/2024 - 1:03 am | View Link
  • Larry King Had A Completely Different Experience Than Kevin Bacon To Bernie Madoff's Ponzi Scheme
    Larry King was fortunate to recover his $700K investment in Bernie Madoff's Ponzi Scheme with help from the Madoff estate and the government. Kevin Bacon, on the other hand, lost millions in the ...
    04/24/2024 - 1:30 am | View Link
  • Par Funding is branded ‘a Ponzi scheme’; ‘insiders’ seek millions as investors wait
    The "Ponzi" designation is meant to make it easier to pay Par investors who lost it all.
    04/23/2024 - 10:00 am | View Link
  • Walter Noel, Who Ran Biggest Feeder Fund Into Madoff, Dies at 93
    Walter Noel, who ran the the largest fund to invest with Bernie Madoff and made more than $1 billion in resulting client fees for his firm, has died. He was 93.
    04/18/2024 - 12:59 am | View Link
  • Hedge fund ‘pod’ strategy imitated by pension funds, endowments
    It typically borrows capital to make hedge fund investments, but that became too expensive. Using Dockside’s prime brokerage relationships means it can turn a smaller stake into more exposure. Plus, ...
    04/17/2024 - 6:34 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News