A French investment manager who plowed US$2.1 billion into Bernard Madoff's fraudulent scheme was found dead in his New York office, in what a friend says was a suicide. An autopsy was to be performed on Wednesday on Thierry de la Villehuchet, 65, who was found dead shortly after 7am (8pm Malaysian time) on Tuesday by a security officer of the Madison Avenue building that housed his Access International investment concern, according to the New York police department. Villehuchet, co-founder and chief executive of Access International, which invested funds for the cream of Europe's high society, was both an investor in and apparent victim of Madoff, a former Wall Street pillar now accused of running a multi-billion-dollar Ponzi scheme...After the scam was revealed on Dec 11, Villehuchet was "crushed" and feared that his clients would sue him, the friend said. (Malaysiakini: Madoff investor kills himself after massive losses). For more info, read cbsnews
Will there be more sad stories as police continue their probe into the scam? So sad that good people had been fleeced by greedy people. The American Dream is no longer the American Dream. So sad.
Will there be more sad stories as police continue their probe into the scam? So sad that good people had been fleeced by greedy people. The American Dream is no longer the American Dream. So sad.
1 comment:
Hi Josh, it is a hard world out there and people do go to extrem measure in gain more and losing all.
Post a Comment