Madoff top beneficiary found dead in pool

Florida businessman Jeffry Picower, 67, apparently drowned in the swimming pool of his mansion, reports the Guardian. Picower, a friend of Madoff's, was named in court papers as the biggest beneficiary of returns from the fraudster's corrupt investment empire. Picower was sued for $7.2bn earlier this year by bankruptcy trustees for Madoff's firm claiming that he should have known his phenomenal payouts - topping 100% some years - were fraudulent. His abrupt death follows at least two suicides linked to Madoff's record-breaking fraud. Madoff, serving a 150-year sentence for theft...