Monday, October 26, 2009

Bernie Madoff Associate Found Dead in Pool


PALM BEACH, Florida - 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. Police said. He was 67. Picower’s wife 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. Palm Beach police are investigating the death as a drowning, but have not ruled out anything on the cause of death....More

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