This is a follow up to the September 28, 2009 article titled "Liquidators Hunting Madoff's Millions" which mentioned a "Mr. Picower" and a "Mr. Chase" as two men believed to be in unlawful possession of massive chunks of the Madoff ponzi scheme money. One of the two men has died.
Ruth and Bernard Madoff
Jeffry Picower, a man that unlawfully made $7,000,000,000 from the Bernard Madoff ponzi scheme, was found dead in his pool at his Palm Beach, Florida mansion. Currently, police do not suspect foul play. His lifeless body was discovered yesterday at 1:30PM.
Picower's passing should make it easier for the Madoff trustees to freeze and seize well over $7,000,000,000 from his estate and disburse the liquidated assets to victims of the ponzi scheme.
Picower broke the law and as such, all his assets are liable for federal seizure and liquidation, to repay those that were defrauded in the scam.
Side Bar: I cannot fathom what this man is going to tell God on the other side, regarding why he unlawfully kept several billion dollars of stolen money that plunged innocent, hardworking people into poverty, after they worked hard all their lives to earn said savings. He should have returned the money and asked God for forgiveness.
Madoff's family needs to voluntarily surrender the money they are illegally sitting on, as does "Mr. Chase." Because if any of them suddenly dies, whilst wrongfully retaining the stolen money, their souls will be lost for eternity. You need to ask God for forgiveness and give the money back, as it is not yours. Stop prolonging the victims' suffering, as God will not bless you for it.
Police: Madoff associate Jeffry Picower dies at 67
PALM BEACH, Fla. — Jeffry Picower, a philanthropist accused of profiting more than $7 billion from the investment schemes of his longtime friend Bernard Madoff, was found at the bottom of the pool at his oceanside mansion and died Sunday, police said. He was 67.
Picower's wife, Barbara, discovered his body and pulled him from the water with help from a housekeeper, authorities said. He was pronounced dead at Good Samaritan Medical Center at about 1:30 p.m...
