Madoff investor found dead - papers

clock

A French hedge fund manager whose company lost as much as $1.4bn of clients' money in Bernard Madoff's corrupt investment firm was found dead in his Manhattan office yesterday, reports The Telegraph .

Thierry Magon de la Villehuchet, 65, was pronounced dead at a Madison Avenue building in midtown Manhattan on Tuesday morning, according to a French website. It appeared "highly likely" that he committed suicide, said a source familiar with the investigation who spoke on condition of anonymity. A French newspaper also said he killed himself. News of the death comes as it emerged that the disgraced New York hedge fund king, accused of defrauding clients across the world of $50 billion, will spend Christmas under nightly house arrest. He will have an electronic tag fitted to his ankle, aft...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

PA Awards 2027: Submit your entries by 18 September

PA Awards 2027: Submit your entries by 18 September

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 04 September 2026 • 1 min read
Multi-Asset and MPS Roadshow: Join PA in a location near you this month

Multi-Asset and MPS Roadshow: Join PA in a location near you this month

Hear from Aberdeen, Aviva Investors, Clever, Downing, Fidelity, Quilter Cheviot, Rathbones

Professional Adviser
clock 04 September 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read