Thierry
Magon de La Villehuchet, a fund manager and co-founder of Access International
Advisors who invested with disgraced investor Bernard Madoff, has been found
dead at his New York office in what is believed to be a suicide.
According
to reports de La Villehuchet, 65, had been despondent following the loss of
more than $1 billion in investors’ money when news of Madoff’s Ponzi scheme
surfaced. He had tried to retrieve as much of the money as possible but found the
pressure to be too much.
Access
had invested $1.4 billion with Madoff but when the disgraced hedge fund manager
was arrested on Dec 11 those investments proved worthless and the $50 billion
Ponzi scheme was revealed.
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