Thursday, October 2nd12.3°C
22738
22805

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




Recent Trending




Today's Market
S&P TSX14805.44-155.069
S&P CDNX896.35-12.94
DJIA16804.71-238.19
Nasdaq4422.085-71.305
S&P 5001946.16-26.13
CDN Dollar0.8987+0.0031
Gold1214.40-1.10
Oil86.79-2.32
Lumber344.10+6.30
Natural Gas4.044+0.021

 
Okanagan Companies
Pacific Safety0.135+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.22-0.04
Cantex0.075+0.01
Anavex Life Sciences0.1804-0.0036
Metalex Ventures0.0550.00
Russel Metals34.68+0.11
Copper Mountain Mining2.29-0.13
Colorado Resources0.16-0.005
ReliaBrand Inc0.019-0.001
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.31-0.01

 





FEATURED Property
17968578 - 4524 Eldorado Court, Kelowna, bC
5 bedrooms 6 baths
$3,295,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...


Finding the smart money

Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...

_








Member of BC Press Council


23391