Guy Who Made More Than $7 Billion Off Madoff Found At Bottom Of Pool
Jeffry Picower, the only Madoff investor to wind up on the Forbes list of the 400 richest Americans, was found dead at the bottom of his pool Sunday, says the AP. He is accused of making more than $7 billion off of Madoff’s ponzi scheme.
An autopsy is scheduled for today in Palm Beach County. Picower was #371 on the 2009 Forbes list. It was his debut.
From the AP:
Some victims of Madoff’s vast Ponzi scheme say Picower was the fraud’s biggest beneficiary. In a lawsuit to recover assets, trustee Irving Picard demands he return the allegedly bogus profits.
UPDATE: The word from Palm Beach County is heart attack.
Autopsy set for dead Madoff associate in Florida [AP]
(Photo:C. Barr)
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