Mark Madoff, the 46 year-old eldest son of Bernard Madoff, was found dead
after reportedly committing suicide by hanging himself with a dog leash. Madoff, was
discovered hanging from a pipe inside the living room of his luxurious Mercer
St. home in Soho around 7:30 a.m. by his
father-in-law, who immediately called 911, sources indicated.
Mark Madoff and his younger brother, Andrew, were both under
investigation but hadn't 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 an estimated 65 billion dollars and is serving a
150-year prison term in North Carolina. 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.
Mark Madoff's father, Bernie Madoff Madoff is serving his sentence at the Federal Correctional Institution Butner Medium in North Carolina. His projected release date is November 14, 2139.