Saturday, October 25th8.7°C
23888
23589

Lawyer: Bernard Madoff's last surviving son, Andrew, dies of cancer in New York City

NEW YORK, N.Y. - Andrew Madoff, Bernard Madoff's last surviving son, died of cancer on Wednesday, his lawyer said.

Andrew Madoff and his brother, Mark, both worked on a trading desk at Bernie Madoff's firm, a side of the business that wasn't directly involved in their father's $65 billion pyramid scheme.

Bernard Madoff was arrested in December 2008. Almost exactly two years later, Mark Madoff hanged himself by a dog leash on a metal ceiling beam in his Manhattan loft apartment, as his 2-year-old son slept in another room.

"One way to think of this is the scandal and everything that happened killed my brother very quickly," Andrew Madoff told People magazine last year. "And it's killing me slowly."

Andrew Madoff, 48, died at a New York City hospital from mantle cell lymphoma, his attorney Martin Flumenbaum said Wednesday.

He was first diagnosed with the rare form of cancer in 2003 but went into remission. He blamed the relapse on the stress of living with his father's scam. The disease returned in October 2012, and he told People magazine that he felt "blindsided."

Andrew Madoff had served as the chairman of the Lymphoma Research Foundation's board of directors until his father's scheme was revealed.

Funeral arrangements will be private.

The Canadian Press


Read more Business News

23891


Recent Trending




Today's Market
S&P TSX14543.82+56.99
S&P CDNX805.45-3.15
DJIA16805.41127.51
Nasdaq4483.715+30.923
S&P 5001964.58+13.76
CDN Dollar0.8901-0.0003
Gold1231.20+2.10
Oil81.02-0.73
Lumber336.40+6.80
Natural Gas3.631+0.009

 
Okanagan Companies
Pacific Safety0.105-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.07+0.015
Anavex Life Sciences0.194-0.004
Metalex Ventures0.045+0.005
Russel Metals33.39+0.23
Copper Mountain Mining2.03-0.05
Colorado Resources0.145+0.005
ReliaBrand Inc0.012-0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.445+0.035

 





FEATURED Property
2117660#109 2350 Stillingfleet Road
1 bedrooms 1 baths
$209,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


What I learned in China

Photo: ContributedI will never be an expert on China. It is just too big, too complex and too old with layers of history and meaning that would take several lifetimes to unravel. As I said to my hosts...


We can get on together

I was in LA this week. I witnessed such crazy and unusual circumstances as I strolled along Hollywood Blvd and Sunset Blvd. A far cry from sleepy Peachland in the Okanagan! The strange thing was, I f...


Weakening global growth worries

The Big Picture Growth worries persist Worries about weakening global growth and its potential impact on the US economic recovery roiled markets around the globe this week. Europe continues to be the ...

_








Member of BC Press Council


23741