Entries in Mark Madoff (4)


Stephanie Madoff Fires Back at Ruth Madoff's Suicide Claims

Courtesy Stephanie Madoff Mack(NEW YORK) -- Stephanie Madoff, the widow of convicted Ponzi schemer Bernard Madoff's son Mark, has fired back at claims mother-in-law Ruth Madoff made on TV about her own alleged suicide attempt, as well as those brother-in-law Andrew Madoff made in a new book about the family.

Stephanie Madoff said on Anderson Cooper's daytime talk show Anderson Wednesday that she was offended by Ruth Madoff's revelations on CBS' 60 Minutes that she and her husband attempted suicide on Christmas Eve 2008 by swallowing prescription pills.

"I have no idea what went on in that penthouse that night, but for Ruth to talk about trying to kill herself so flippantly like that is so offensive to me, because that's how my husband died," she said.

Stephanie's husband, Mark Madoff, took his life on the second anniversary of his father's arrest in December 2011.  Mark Madoff hanged himself in the couple's New York loft.

"Ruth says she was happy that she woke up.  I'm happy for Ruth that she woke up, but I just wish that my husband had, and he didn't," she said.

Stephanie Madoff, 37, said she was also upset by Ruth's confession in Truth and Consequences: Life Inside the Madoff Family that her husband's infidelity was "the most hurtful thing" that ever happened to her -- more so than the suicide of her son.

"To say that the affair was doesn't make sense to me.  She doesn't make sense to me," she said.

She also took the opportunity to hit back at Andrew Madoff's claims in Truth and Consequences, a book that Andrew Madoff's financee, Catherine Hooper, helped bring about, that Stephanie and Mark had a rocky relationship, and that Stephanie was days away from leaving Mark when he was found hanged.

Though Stephanie said she's shocked and offended by Ruth's comments, Stephanie still believes that her mother-in-law had no knowledge of Bernard Madoff's crimes, and remains undecided as to whether she will allow her young children to have a relationship with their grandmother.

Copyright 2011 ABC News Radio


Mark Madoff's Wife Says Private Memorial Later This Week

Photo Courtesy - EMMANUEL DUNAND/AFP/Getty Images(NEW YORK) -- Mark Madoff's widow, Stephanie, has announced there will be a private service for Mark Madoff, and asked that she and her family be allowed to grieve privately.

"My husband Mark took his own life," said Stephanie in a statement, "and regardless of what you feel about my father-in-law and his monstrous crimes, Mark's children are innocent victims and this is tragic for them. I am devastated and now raising two small children alone."

"I ask that you please show decency and understanding toward all of Mark's children and allow us to mourn in private."

In the statement, Stephanie said Mark Madoff had been cremated and there would be a private memorial service "later this week at an undisclosed location." She also said she appreciated the expressions of "heartfelt sympathy and support she had received" from people who knew and loved her husband.

"I will miss and love him forever," she said in closing.

Madoff's body was claimed by the funeral director of the Gramercy Park Memorial Chapel in Manhattan's East Village on Tuesday, three days after Madoff's suicide. Madoff, the 46-year-old son of convicted Ponzi schemer Bernie Madoff, was found dead in his apartment Saturday morning, two years to the day after Bernie's arrest.

Among the expressions of support for Mark Madoff was a memorial Facebook page titled "Rest in Peace Mark Madoff.". On it, high school friend David Nadler called Mark Madoff "one of the best people I ever knew."

In a separate post, Ed Langone wrote that the "very sad news" of Mark's death made him "think back to the days of the Heights School, East Hills, when everybody was just little kids, and the real world hadn't set in yet." Both are grade schools in Roslyn, New York, where Mark grew up. "A terrible tragedy all around, I feel sorry for his kids," wrote Langone.

Another poster, who identified herself as a former Madoff employee in London, wrote "SLEEP TIGHT MARK XXXXX."

Copyright 2010 ABC News Radio


Mark Madoff's Body Claimed By Manhattan Funeral Director

Photo Courtesy - AFP/Getty Images(NEW YORK) -- The body of Mark Madoff has been claimed by the funeral director of the Gramercy Park Memorial Chapel in Manhattan's East Village. No family members were at the medical examiner's office in Manhattan when the body was claimed Tuesday, three days after Madoff's suicide. No funeral date has been set.

Madoff, the 46-year-old son of convicted Ponzi schemer Bernie Madoff, was found hanged Saturday morning while his two-year-old son slept in a nearby room. The suicide was timed to the two-year anniversary of his father's arrest.

Bernie Madoff will not attend his son's funeral and will instead hold a private service from behind bars, his lawyer announced Monday. The confirmation that Madoff would be absent from his son's burial came after debate over whether the Bureau of Prisons would allow him a furlough to begin with.

Madoff is currently serving a 150-year sentence at the Butner Federal Correctional Complex in North Carolina.

Copyright 2010 ABC News Radio


Suicide of Bernard Madoff's Son Will Not Stop Lawsuits

Photo Courtesy - Mario Tama/Getty Images(NEW YORK) -- Mark Madoff's suicide will not stop the legal proceedings against him or his family, according to lawyers in the case.

The bankruptcy trustee tasked with recovering money for victims of Bernie Madoff's massive investment fraud says Bernie Madoff's eldest son and his children received tens of millions of dollars stolen in the fraud scheme.  Even in death, Mark Madoff will continue to be the target of efforts to recover the money.

Madoff timed his suicide Saturday to the two-year anniversary of his father's arrest, almost to the very hour.  Police say his father-in-law found the body hanging from a pipe, with his two-year-old son, Nick, asleep in another room.

"It hurts me because that's not who he was," said Eleanor Squillari.  "He was in a very bad place."

As Bernie Madoff's secretary for 25 years, Squillari saw Mark and his brother Andy grow up and come to work in the family business.  In an exclusive interview, Squillari told ABC News she knew Mark was having a hard time with the shame of being a Madoff.

"I always knew that Mark wore his heart on his sleeve, and he wanted to be liked," said Squillari.  "I could see him thinking that his family would be better off without him, and it makes me so sad because that's not true. But when you're that depressed you don't see it."

Mark Madoff was more interested in fly fishing than Wall Street, and even when he joined the family firm he was never part of what turned out to be the illegal side of the business.

Hours before he died he sent an email to his lawyer that said, "No one wants to hear the truth."

"He had to live for the last two years under the scrutiny and the innuendoes and people alluding to the fact that he should've known or he had to have know," said Squillari. "Well, you know what, he didn't."

Copyright 2010 ABC News Radio

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