One of jailed financier Bernard Madoff’s sons has been found hanged in New York.
Mark Madoff, 46, apparently committed suicide in his apartment in Manhattan’s SoHo district, according to police.
A family member notified police around 7.30am.
Mark Madoff and his brother, Andrew, were under investigation but had not faced any criminal charges in the massive Ponzi scheme that led to their father’s jailing.
Bernard Madoff swindled a long list of investors out of billions of dollars and is serving a 150-year prison term in North Carolina.
The scandal put members of the Madoff family under the spotlight. The financier’s brother, Peter, played a prominent role in the family’s company. Mark and Andrew Madoff both worked on a trading desk at the firm, on a side of the business that wasn’t directly involved in the Ponzi scheme.
A year ago, the court-appointed trustee trying to unravel Madoff’s financial affairs sued several members of the family, including the brothers, accusing them of failing to detect the fraud while living lavish lifestyles financed with the family’s ill-gotten fortune.
The lawsuit accused Mark Madoff of using 66 million dollars (£41.7m) he received improperly to buy luxury homes in New York City, Massachusetts and Connecticut.
In February, Mark Madoff’s wife petitioned a court to change her last name, saying her family had revceived threats and was humiliated by the scandal.
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