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Madoff 'Cheated on Wife, Too'

Ponzi schemer linked to exec assistant at media firm: insider

By Matt Cantor,  Newser Staff

Posted Mar 29, 2009 11:08 AM CDT

(Newser) – His investors may not have been the only ones Bernie Madoff cheated: sources tell the New York Daily News that the Ponzi schemer had at least one extramarital affair . He was involved with an executive assistant at a big media firm "eight or nine years ago," one insider tells the News. “He was quite generous with her. He used to fly her around,” the source said. Ruth Madoff found out and “kept him on a short leash after that,” said another.

The building in midtown Manhattan in New York where Bernard Madoff and wife Ruth own a penthouse apartment is seen in this aerial view on Sunday, March 22, 2009.
The building in midtown Manhattan in New York where Bernard Madoff and wife Ruth own a penthouse apartment is seen in this aerial view on Sunday, March 22, 2009.   (AP Photo/Mark Lennihan)
In this March 12, 2009 file photo, Bernard Madoff arrives at Manhattan federal court in New York.
In this March 12, 2009 file photo, Bernard Madoff arrives at Manhattan federal court in New York.   (AP Photo/ Louis Lanzano)
In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York.
In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York.   (AP Photo/Louis Lanzano)
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COMMENTS
Showing 3 of 4 comments
sache
Mar 30, 2009 3:13 AM CDT
Not surprised. Everyone he came in contact with was victimized in some way or another.
wwwonderer
Mar 30, 2009 3:08 AM CDT
Quite honestly, this is no biggie to me. Lots of people have affairs. That's the Madoff's personal business. We don't if Ruth Madoff had any affairs do we? Who was she with when he was off with his mistress(es)? Snatching billions of $$$ is the issue. I wish all Bernie Madoff was was a billionaire adulterer. How many of his victims wish the same?
jaguarj
Mar 29, 2009 11:56 AM CDT
I would venture to guess there was more than one. Know his type..also no such thing as a short leash "Ruthie"..what a fool!!

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