Scammers are out to make money, and they don’t care how their victims are affected by the scam. Money isn’t the most important thing in life. But for many people, losing money in one such as Madoff Scam can mean life or death.
“A fund manager who lost more than $1bn of his clients’ money in the
Bernard Madoff scam has committed suicide at his Manhattan office.
Rene-Thierry Magon de la Villehuchet was found sitting at his desk at about 8am yesterday with both wrists slashed.
65-year-old artistrocratic Frenchman, who ran Access International
Advisors, was one of several money managers and investors scammed by Mr
Madoff’s $50bn pyramid scheme.
He had used his connections in the world of European high society to attract clients to his firm.”