Too much to bear

Mark David Madoff, son of Bernard L. Madoff and publisher of a popular real estate newsletter called Sonar Report hung himself in his Manhattan apartment earlier this week.

According to The New York Times, Mark Madoff, who had four children, has been named in nine or more lawsuits seeking millions of dollars in damages after his father was imprisoned for defrauding thousands of investors. Madoff's professional reputation was muddied said friends to The New York Times.

Mark Madoff and his brother Andrew reported their father to authorities in 2009 when he told them of the multibillion-dollar Ponzi scheme he had been running. Bernard Madoff is serving a 150-year sentence after having plead guilty.

This year was the two-year anniversary of Bernerd Maddoff's arrest, reported the times. According to friends, Mark Madoff had expressed anger and frustration after being subjected to extensive media coverage suggesting that he was still under investigation by federal prosecutors.

Mark Madoff sent an e-mail asking someone to come take care of his son before he hung himself, reported The New York Times. His young son and the family's dog were found safe in the apartment

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This page contains a single entry by published on December 17, 2010 11:42 AM.

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