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Madoff Suicide: Investor Magnon de la Villehuchet Found Dead
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by Tina Kells | December 23, 2008 at 01:46 pm
1827 views | 8 Recommendations | 3 comments
A major Madoff investor Rene-Thierry Magon de la Villehuchet has been found dead, the victim of an apparent suicide. Being dubbed the first "Madoff suicide," Magnon de la Villehuchet was a founding member of Access International Advisors and lost $1.4 billion of investor dollars in the Bernie Madoff Ponzi scheme fraud.
Rene-Thierry Magon de la Villehuchet, the Access International Advisors founder that invested with Bernard Madoff, was reportedly found dead at his Madison Avenue office today.
The Access International Advisors founding partner, De la Villehuchet, lost about 1.4 billion dollars for his investors. The death appears to be a suicide.
A friend of French money manager Thierry de la Villehuchet told a paper that he committed suicide in his New York office early Tuesday morning. His death has been confirmed by the medical examiner and there are reports he had cuts on his arms and sleeping pills nearby, detailed below. Villehuchet had plowed over a billion dollars he managed into Bernie Madoff's Ponzi scheme.
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Tina Kells
Vancouver, Canada
Recommendations (8)
158
St. Louis, Missouri, United States
Rhonda J Mangus
North Tonawanda, New York, United States
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Most RecentMost Recommended Comments (3)
at 16:48 on December 23rd, 2008
Thank you for this story, Tina.
at 19:22 on December 23rd, 2008
Good story.
This one is getting complicated.
at 07:54 on December 24th, 2008
I am curious as to why it is important that he was the "Jewish Chairman" of the board and not just "chairman". Mr. Madoff also has been a major political donor, directing hundreds of thousands of dollars to Democratic lawmakers over the past two decades.
Since 1991, Madoff and other individuals connected with Bernard L. Madoff Investment Securities made campaign contributions totaling $372,100, with about 89 percent of those funds directed to Democrats, according toOpenSecrets.org, the Web site of the Center for Responsive Politics. The majority of the senators and representatives who benefited from these donations were New York-area legislators.
In 2008, Madoff contributed $50,000 to the Democratic Senatorial Campaign Committee, pushing his total donations to the group since 1992 over the six-figure mark.
So why don't we just include "Democrat" in the title? I know Tina, this makes a good story, but it ignites the minds of many, with negative connotations. "Anyone" could have done this and the fact he was Jewish, is not necessary to make note of. Hitler worked up a froth against the Jews when the financial structure of Germany fell in 1930 and see what happened there. Besides that, I have heard a few comments from the elderly in the jewish community regarding "guilt" and the fact that Madoff has "set back" the Jews with his actions. I personally want to say, forget the guilt for your sake, Madoff was a swindler and the fact he was a Jewish has nothing to do with it.