Ruth alpern madoff biography
After her husband's arrest for his fraud, she and her husband attempted suicide in She has one sister, Joan Roman. He was three years older than Ruth. They had two sons, Mark — , a graduate of the University of Michigan; and Andrew — , a graduate of University of Pennsylvania's Wharton School.
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Both of her sons predeceased her: Mark, by suicide, in , and Andrew, from lymphoma, in On the morning of December 11, —exactly two years after his father's arrest—Mark was found dead in his New York City apartment. The city medical examiner ruled the cause of death as suicide by hanging. She worked for some time as her husband's bookkeeper.
A Vanity Fair article stated that, during the time when she was a bookkeeper, employees in the London office stated "Ruthie runs all the books". She was a director of Bernard L. Madoff Investment Securities.
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Ruth stated during an interview that she and her husband were so upset after his financial fraud was exposed that they had attempted suicide together, with both taking "a bunch of pills" Ambien, and perhaps Klonopin in a suicide pact on Christmas Eve , just after her husband had been arrested by federal authorities. However, they woke up the following day.
When Ruth Madoff's husband was sentenced in , victim Marcia FitzMaurice said in a court statement: "Your wife, rightfully so, has been vilified and shunned by her friends in the community. The settlement, however, did not preclude others, such as the court-appointed trustee Irving Picard of BakerHostetler who was liquidating her husband's firm, from seeking to recover funds from her, for example as a wrongful transferee of funds transferred to her.
Picard said that the settlement was not evidence she knew of or participated in the fraud. Following Andrew's death in , Ruth moved to a nondescript condo-complex in Old Greenwich, living in a one-bedroom apartment.