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Thursday, December 26, 2024

Madoff Fund Operator Found Dead

Cost and consequences of Madoff’s swindle getting dearer, now measured in lives, not merely dollars. 

Madoff Fund Operator De La Villehuchet Found Dead in New York

By Saijel Kishan and Katherine Burton

Thierry Magon de La Villehuchet, who ran a fund that invested with Bernard Madoff, was found dead at his Madison Avenue office today, a New York City police officer at the scene said. The death appeared to be a suicide, he said.

De la Villehuchet, 65, was a founding partner and chief executive officer of Access International Advisors, according to a marketing document. Access invested $1.4 billion with Madoff, who was arrested on Dec. 11 for allegedly running a $50 billion Ponzi scheme.

Access’s LUXALPHA SICAV-American Selection invested solely with Madoff,…

More (not long) here.

 

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