Report: No Funeral For Madoff's Son

Dec 15 2010 | 1:47am ET

There will be no funeral or any other kind of service for the oldest son of Bernard Madoff, who hanged himself this past weekend.

Mark Madoff's family have opted against a wake or service to avoid any publicity or a possible protest by victims of his father's Ponzi scheme, the New York Post reports. Mark Madoff has not been accused of any wrongdoing in the case, but he worked at his father's firm and many victims believe that he and his brother knew about their father's crimes and possibly participated in them.

Madoff's body was finally moved yesterday from the Manhattan morgue to a funeral home near Gramercy Park. The remains were picked up by a funeral director.

"The family doesn't want to have anything to do with the body," a community affairs police officer told the Post. "There's no service planned. There's not going to be a viewing. You're not going to see any Madoff relatives."

The family is, instead, considering a cremation.

Mark Madoff committed suicide on Saturday morning. His body was discovered by his father-in-law, who went to Madoff's Manhattan apartment after Madoff sent two distraught e-mails to his wife, who was traveling in Florida.

Madoff had asked his wife to have someone check on their two-year-old son. The boy was found unharmed in a room adjacent to the living room, where his father had hanged himself from a pipe in the ceiling with a dog leash.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR