From the tragic death of his sister in a Ponzi scheme to the shy investor who lost both his sons after a crime, inside Bernie Madoff’s curse

The late Bernie Madoff suffered a lot in the years leading up to his death at the age of 82.

from sister’s tragic deathon losing both of his sons after his crimes, Madoff in a new Netflix documentary series entitled: The Monsters of Wall Street. Madoff’s Up and down.

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Sondra Wiener’s death came just one year later Madoff He himself died in prison after being sentenced to 150 years for epic securities fraud.

And it follows both deaths in the Ponzi scheme sons.

Bernie’s eldest son, Mark, committed suicide in 2010, on the second anniversary of his father’s arrest.

He was found hanged in his Manhattan apartment after there were reports that he had sent desperate emails to his wife.

“huge” crime

His attorney, Martin Fulmenbaum, said at the time that Mark was “the innocent victim of his father’s monstrous crime.”

Four years later, Madoff’s other son, Andrew, died of cancer at the age of 48.

barney’s wife Ruth – who was stalked by her Wall Street con man husband – was last thought to be living in Connecticut.

Madoff’s brother, Peter, who helped run the business, was sentenced to 10 years in prison in 2012, despite claiming he had no knowledge of his brother’s wrongdoing.

He was released from house arrest in November 2019. That he finished in August 2020.

now the report says Sondra was found dead in what investigators described as an apparent murder-suicide in Florida.

An 86-year-old man, whom the Palm Beach County Sheriff’s Office first named her husband Marvin, 90, was found with a gunshot wound at his home in Lake Valencia, Florida.

Police later said the family “exercised the Marcy Law on behalf of the man.” This law helps protect victims of crime.

ponzi scheme

Her older brother Bernie was noted for orchestrating large-scale music. ponzi scheme It has wiped people’s fortunes and ruined charities.

Sondra She reportedly lost about $3 million to her brother’s fraud and was forced to put her home in Florida at the time on the market. new york magazine.

Bernie was sentenced to 150 years in prison after pleading guilty to fraud and other charges in 2009.

For decades, he enjoyed an image as a self-made financial guru defying market volatility with Midas Touch.

A former chairman of the Nasdaq stock market, he has attracted many avid investment clients.

This included celebrity Florida retirees such as Steven Spielberg, Kevin Bacon, and Hall of Fame pitcher Sandy Koufax.

But his investment advisory business was revealed in 2008 to be a Ponzi scheme that wiped out people’s fortunes and ruined charities.

bulletproof vest

He was so disliked that he wore a bulletproof vest to court.

This scam was considered the biggest in Wall Street history.

Prosecutors estimate the fraud’s value at $64.8 billion, based on amounts in the accounts of 4,800 Madoff customers as of November 2008.

Madoff pleaded guilty to securities fraud and other charges in March 2009 and said he was “deeply sorry and ashamed.”

After spending months under house arrest in a $7 million Manhattan penthouse apartment, he was handcuffed to jail.

cheated victim

“He stole from the rich. He stole from the poor. He stole from the middle. told to

“He cheated his victims out of money so that he and his wife could live an incredibly luxurious life.”

Sondra’s son David said new york post 2009: “My family is a victim. More than anyone else.”

“It hurts a lot,” he added.

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