Andrew Madoff dies from mantle cell lymphoma aged 48

Andrew Madoff died on September 3 at the age of 48 after a long battle with cancer, his lawyer announced.

The son of convicted fraudster Bernard Madoff suffered from mantle cell lymphoma.

“Andrew Madoff has lost his courageous battle against mantle cell lymphoma,” lawyer Martin Flumenbaum said.

“He died peacefully at Memorial Sloan Kettering Cancer Center on September 3, 2014, surrounded by his loving family.”

Bernard Madoff, now 76, is serving a 150-year prison sentence after pleading guilty to operating a massive Ponzi scheme estimated to have cost investors $17 billion in lost principal. He used to steal from thousands of average investors, charities, celebrities and others worldwide.

Andrew Madoff died from mantle cell lymphoma aged 48 (photo Getty Images)

His other son, Mark Madoff, committed suicide on December 11, 2010, on the second anniversary of his father’s arrest.

Both Madoff sons denied knowing about the fraud and were never criminally charged in connection with the scheme.

Mark and Andrew Madoff worked at the market-making and proprietary trading division of their father’s Manhattan-headquartered business.

Bernard Madoff’s younger brother, Peter Madoff, 68, who ran the market-making division of the family business, pleaded guilty to doctoring records in 2012 and was sentenced to a 10-year prison term.

Ruth Madoff, 73, the Ponzi scheme architect’s wife, has not been charged. Like her sons, she has maintained she had no knowledge of the fraud.

Andrew Madoff’s funeral arrangements will be private, the attorney said.

According to the Lymphoma Research Foundation, mantle cell lymphoma is a relatively rare blood cancer that got its name because the tumor cells originate from the “mantle zone” of the body’s lymph nodes.

D58u4bMEaWs
Nancy Clayson

Nancy is a young, full of life lady who joined the team shortly after the BelleNews site started to run. She is focused on bringing up to light all the latest news from the technology industry. In her opinion the hi-tech expresses the humanity intellectual level. Nancy is an active person; she enjoys sports and delights herself in doing gardening in her spare time, as well as reading, always searching for new topics for her articles.

Recent Posts

House Panel Votes to Release Matt Gaetz Ethics Report

The US House Ethics Committee has voted to release its report on former Republican Representative…

3 days ago

ABC News to Pay $15M to Settle Trump Defamation Suit

ABC News has agreed to pay $15 million to President-elect Donald Trump to settle a…

1 week ago

South Korea’s Parliament Impeaches President Yoon Suk Yeol Following Martial Law Scandal

South Korea’s parliament has voted to impeach President Yoon Suk Yeol over his failed attempt…

1 week ago

Syria: Israeli War Planes Carry Out More Than 100 Air Strikes

Israeli war planes have carried out more than 100 air strikes in Syria on December…

2 weeks ago

Donald Trump Threatens 100% Tariff on BRICS Nations

President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS countries if they…

3 weeks ago

Syria Coup: Rebels Take Control of Aleppo

Syrian troops have withdrawn from the city of Aleppo following an offensive by rebels opposed…

3 weeks ago