Madoff fraud associate is found dead
Monday 26 October 2009
A philanthropist accused of pocketing $7bn (£4.3bn) from the investment scams of his friend Bernard Madoff was found dead yesterday.
Jeffry Picower, 67, was discovered at the bottom of his swimming pool in Palm Beach, Florida, by his wife. Police are investigating.
Mr Picower was a close friend of Madoff, the Wall Street financier who has admitted turning his wealth management business into a massive Ponzi scheme that defrauded thousands of investors. In a lawsuit to recover Madoff's assets, Mr Picower was asked to return $7bn.
- 1 Scottish referendum: So how about the English now being given a chance to split from England?
- 2 Friends 20th anniversary: Alison Jackson photographs reunited cast
- 5 Free U2 album: How the most generous giveaway in music history turned into a PR disaster
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Archbishop of Canterbury admits doubts about existence of God
Portuguese academic says British are 'filthy, violent and drunk'
Unpaid Voluntary Position : Reach Volunteering: Volunteer your expertise as Tr...
£68 - £73 per day + Competitive rates of pay based on experience: Randstad Edu...
£69 - £73 per day + Competitive London rates of pay: Randstad Education Group:...
£117 - £157 per day + Competitive London rates: Randstad Education Group: * Pr...