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JewishJournal.com

October 16, 2009

Madoff Son Goes AWOL

http://www.jewishjournal.com/blog/item/madoff_son_goes_awol_20091016/

The New York Port reports today that Bernie Madoff’s son Mark went missing last night after a fight with his wife Stephanie.  After a worried Stephanie called police, they launched a search that ended when the son, who had been the charismatic front man for his dad’s firm, reappeared.

He citred stress as a cause… and he has reason to feel it: 

The incident comes two weeks after Mark, younger brother Andrew, their uncle, Peter Madoff, and cousin Shana were sued for nearly $200 million by Irving Picard, the federal bankruptcy trustee overseeing the breakup of Bernard Madoff’s firm, where they all worked.  Securities front man

 

Sources said Mark had a bitter argument with his wife, Stephanie, in their SoHo apartment Wednesday night.
At about 8 p.m., Mark stormed out of the Mercer Street apartment. He returned an hour later and resumed the verbal sparring, sources said.

But Mark again stomped out and stalked across the street to a parking garage, where he hopped on a Vespa scooter he keeps there and sped off, sources said.

Hours later, at about 1:30 a.m., a worried Stephanie called cops to report him missing.

When Mark reappeared at his SoHo residence yesterday morning, he told Stephanie he had spent the night at the nearby Soho Grand Hotel after checking in under a different name and paying cash, according to sources.

Madoff then called police and said that he was OK—but also that he has been under a significant amount of stress recently, sources said.

The Ponzi son then told cops he planned to visit his doctor at Weill Cornell Medical Center on the Upper East Side.

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