Manager hit by Madoff 'fraud' found dead
24-12-2008
A French investment manager who put US$1.4 billion into Bernard Madoff's fraud-hit scheme has committed suicide in his New York office. Police said Rene-Thierry Magon de la Villehuchet, 65, was found sitting at his desk with both wrists slashed. A bottle of sleeping pills was on his desk and a box cutter lay on the floor. Mr Madoff is accused of running a US$50 billion "Ponzi scheme' that wiped out investors around the world. Big funds like Mr Villehuchet's were especially hard hit. Mr Villehuchet was co-founder of money manager, Access International.
