Madoff’s Sexual Past Revealed In Excruciating Detail

Aug 20 2009 | 12:15pm ET

When it comes to convicted Ponzi scheme mastermind Bernard Madoff, the term “unfaithful” apparently doesn’t nearly do justice.

The $65 billion fraudster carried on a number of extramarital affairs, according to The Daily Beast, only one of which has so far been turned into a tell-all book. But another new book, Jerry Oppenheimer’s Madoff With the Money, backs up the Web site's claims.

“He had affairs in the office,” a female Madoff employee told Oppenheimer, according to the New York Post. “There were two women I know of. They were gorgeous. They were blond. They were young. They were like baby Ruths—the same type as Ruth, with the same hair color and eye color.”

But even that wasn’t enough for Madoff, who has been married to his wife, Ruth, for 50 years.

Madoff was also an aficionado of massage parlors, where, the Daily Beast reports, the masseuses would perform sexual favors for him. His long-time secretary, Eleanor Squillari, told Vanity Fair that his address book had about a dozen numbers for masseuses.

“He had a tremendous libido, like so many men in power,” the Daily Beast’s source said. “He told me Ruth just couldn’t satisfy it. I suppose no woman could.”

A tremendous libido, perhaps, but according to the whistleblower on Madoff’s infidelities, not much else earned the superlative.

Sheryl Weinstein, the jilted Madoff investor whose book promises to tell us more about the man than we ever wanted to know, tells us, well, more than we ever wanted to know.

“Bernie had a very small” you-know-what, she writes in Madoff’s Other Secret: Love, Money, Bernie, and Me, which is due to hit finer bookstores everywhere next week, a fact which “clearly caused him great angst.”

Despite that handicap, Madoff was “irresistible to women,” Squillari said. Which is just as well, because he, of course, “had a roving eye.”

Sheryl Weinstein's new book that details her affair with Madoff.Sheryl Weinstein's new book that details her affair with Madoff.

In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...