Pages

Thursday, June 27, 2013

MADOFF KILLED SON

Bernard Madoff, pictured leaving Manhattan Federal Court in 2009; he said he's responsible for the 2010 suicide of his son Mark, saying that his confessed crimes tore apart his family.

CRAIG WARGA/NEW YORK DAILY NEWS

Bernard Madoff, left, pictured leaving Manhattan Federal Court in 2009; he said he's responsible for the 2010 suicide of his son Mark, saying that his confessed crimes tore apart his family.

Now he's sorry.
Bernie Madoff, the investor found guilty of running a bogus pyramid scheme and accused of ruining countless lives says he's racked with guilt over the 2010 suicide of his son Mark.

Mark Madoff, son of Ponzi schemer Bernie Madoff, was found dead of an apparent suicide on Dec. 11, 2010, on the second anniversary of his father's arrest.

KIMBERLY UNGER/SECURITY TRADERS ASSOCIATION OF NEW YORK VIA AP

Mark Madoff, son of Ponzi schemer Bernie Madoff, was found dead of an apparent suicide on Dec. 11, 2010, on the second anniversary of his father's arrest.

Speaking exclusively with CNN Money, the convicted Ponzi schemer said: "I was responsible for my son Mark's death and that's very, very difficult."
Mark hanged himself in his trendy Manhattan apartment on the two-year anniversary of his father's arrest, leaving behind his young family.
Financier Bernard Madoff with his wife, Ruth, and son, Mark, in 2001.

GI/BM/GETTY IMAGES

Financier Bernard Madoff with his wife, Ruth, and son, Mark, in 2001.

But after spending several years behind bars, Madoff is coming to terms with his actions. "I have to live with that," he told the site. "I live with the remorse, the pain I caused everybody."
Once also one of the wealthiest men in New York, Bernie Madoff now has to place collect calls from prison.

Madoff, pictured in 2010, is serving a 150-year sentence at a federal prison in North Carolina and had to call collect to speak with a CNN Money reporter.

CHRIS HONDROS/GETTY IMAGES

Madoff, pictured in 2010, is serving a 150-year sentence at a federal prison in North Carolina and had to call collect to speak with a CNN Money reporter.

The convicted Ponzi schemer, who is currently serving out a 150-year sentence from a North Carolina prison had to call collect, because his prison phone account at Butner Federal Correctional Complex was low on funds.
In the interview, Madoff also recounted his new life in prison, saying that he works "a few hours a day" on the prison's telephone and computer systems, earning him a prison salary of $40 a week. He pleaded guilty in 2009 for taking an estimated $65 billion from investor s in one of the most complex pyramid schemes in history.


No comments:

Post a Comment