NEW YORK — Every day for two years, he carried the toxic burden of a name that meant fraud to the world. On Saturday, the eldest son of disgraced financier Bernard Madoff hanged himself in his Manhattan apartment, another casualty in the saga that sent his father to prison and swindled thousands of their life savings.
On the second anniversary of the day his father was arrested in the worst investment fraud in American history, Mark Madoff, 46, was found dead in the living room of his loft. He was hanging from a black dog leash while his 2-year-old son slept nearby.
People close to him said he was despondent over press coverage of his father's case, an ongoing criminal investigation of Madoff family members and his struggle to rebuild his life.
Mark Madoff's wife, Stephanie, sent her stepfather to the couple's $6 million apartment after Madoff e-mailed her at Disney World in Florida, where she was vacationing with their 4-year-old daughter. In the messages, he told her he loved her and that someone should check on their 2-year-old child, Nicholas, police said. He left no suicide note.