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Tag: Jeffrey Picower

Madoff Investor Found Dead in Palm Beach Pool

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By Allan Lengel
ticklethewire.com
WASHINGTON — The Bernie Madoff story has no happy ending. In fact, at this point it has no ending.

The latest twist came Sunday when philanthropist Jeffry M. Picower, 67, who is accused of earning about $7 billion from Madoff’s Ponzi scheme, was found dead in his Palm Beach mansion pool, the New York Times reported.

The Palm Beach Police, which posted no press release on the matter on its website, said the cause of death had yet to be determined, the Times reported. He had a history of cardiac issues and Parkinson’s disease.

Last December, Rene-Thierry Magon de la Villehuchet, 65, a French investment manager who had big bucks invested with Madoff, was found sitting at his desk with both wrists slashed.

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