Madoffs in suicide bid after fraud
Thursday 27 October 2011
The wife of disgraced financier Bernard Madoff says the couple tried to kill themselves after he admitted stealing billions of dollars in the largest Ponzi scheme in history.
Ruth Madoff will appear on CBS' 60 Minutes programme on Sunday - her first interview since her husband's fraud arrest in December 2008.
She says the time after Madoff's arrest was "horrendous" and remembers receiving angry phone calls and hate mail.
Mrs Madoff says they took "a bunch of pills" including Ambien on Christmas Eve, but both woke up the next day. She says the decision was "very impulsive" and she was glad they did not die.
The couple's son Andrew will also talk about his experience. Another son, Mark, killed himself last year.
Bernard Madoff, 72, is serving 150 years in prison.
"I don't know whose idea it was, but we decided to kill ourselves because it was so horrendous what was happening," Mrs Madoff said in the interview, according to excerpts released by CBS.
She said it was Christmas Eve, which added to their depression, and she decided "I just can't go on any more".
Mark Madoff hanged himself by a dog leash last year on the anniversary of his father's arrest. Like his parents, he had swallowed a batch of sleeping pills in a failed suicide attempt 14 months earlier, according to his widow's new book, The End of Normal: A Wife's Anguish, A Widow's New Life.
Bernard Madoff was arrested on December 11, 2008, the morning after his sons notified authorities through a lawyer that he had confessed to them that his investment business was a multibillion-dollar Ponzi - pyramid - scheme.
He admitted cheating thousands of investors and pleaded guilty to fraud charges.
Madoff ran his scheme for at least two decades, using his investment advisory service to cheat individuals, charities, celebrities and institutional investors.
An investigation found Madoff never made any investments, instead using the money from new investors to pay returns to existing clients - and to finance a lavish lifestyle for his family. Losses have been estimated at around 20 billion dollars, making it the biggest investment fraud in US history.
Missing Malaysia Airlines Flight MH370: Wreckage could be found within a week as search reaches 'very critical juncture', says minister
South Korea ferry disaster: Released transcripts show chaos and confusion in the moments before ferry sinks
Unbeliebable: The White House offer 'no comment' to anti-Justin Bieber petition
Loch Ness Monster found on Apple Maps?
South Korea ferry disaster: Families watch as remains of Sewol victims returned to shore
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
'Sinful': Video of British Muslims dancing to Pharrell Williams's hit Happy comes under attack
Nigel Farage: I’m taking on the status quo, and the Establishment’s fighting back
Abdullah Deghayes: My son was the martyr of a just cause, says father of British teenager killed in Syria conflict
Ukraine crisis: Helicopter gunships take country closer to all-out war
- 1 Chelsea 1 Sunderland 2: Graceless reaction of Jose Mourinho a sad effort to hide his own flaws
- 2 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 3 Unbeliebable: The White House offer 'no comment' to anti-Justin Bieber petition
- 4 Loch Ness Monster found on Apple Maps?
- 5 Shropshire criminals ‘using unmanned drones and infrared cameras to find illegal cannabis farms’ – and then steal from the growers
£130 - £140 per day: Randstad Education Ilford: Secondary Geography Teacher Lo...
£55 - £70 per day: Randstad Education Cheshire: Are you a dynamic and energeti...
Negotiable: Randstad Education Group: SEN TAs, LSAs and Support Workers needed...
£50000 - £60000 per annum: Pro-Recruitment Group: The Sheffield office of this...