A very decent family man and a respected former British military Officer (Major Bill Foxton) took his own life on Tuesday, because he had lost his life savings in the alleged fraud orchestrated by Mr. Berny Madoff. As I watched the report, I couldn't help but ask whether this con-man, in addition to other criminal charges, would also be charged with involuntary manslaughter. This is the second death that I know of, that has been blamed on him and his ponzi scheme. The first being back in December 2008 when investment advisor Rene-Thierry Magon de la Villehuchet was found sitting at this desk in New York, with both wrists slashed and a bottle of pills by his side. There may not have been any intention to kill or cause injury by Madoff while Madoff was stealing the life savings of so many people, but his recklessness and criminal negligence certainly has resulted in their death. In the meantime, Madoff has to endure the hardships of being under hourse arrrest in his multi million dollar home, and now we also hear prosecutors have revealed that his wife, Ruth, managed to sequester more than $15m from their accounts before he was arrested. Where is it, and what is being done to get it back?
How do you feel about this?
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