Mark Madoff's Suicide Tightens Screws on Brother

Mark's death won't stop cases against brother Andrew
By Rob Quinn,  Newser Staff
Posted Dec 13, 2010 5:03 AM CST
Updated Dec 13, 2010 6:45 AM CST
Screws Tighten on Madoff's Surviving Son
Medical examiner staff remove the body of Mark Madoff from his apartment building over the weekend.   (AP Photo/Mary Altaffer)

Bernie Madoff's son Mark may have committed suicide on Saturday but the lawsuits against him and his brother, Andrew, stemming from their father's Ponzi scheme are alive and well. Andrew Madoff, now Bernard Madoff's only surviving son, had the same responsibilities as his brother at the family firm, and is now expected to be the focus of even more attention than before in civil and criminal investigations, the Daily Beast reports.

Andrew, the younger of the two brothers, and Mark each received some $60 million from their parents and from family enterprises that rightfully belongs to swindled investors, according to bankruptcy trustee Irving Picard. Neither brother had anything to do with their father after they turned him in 2 years ago. Andrew—described by associates as the stronger of the two brothers—has been trying to build up a family disaster counseling business in recent months. Click here for more on Mark Madoff's suicide.
(More Bernard Madoff stories.)

Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.