Ruth Madoff - Madoff's Ponzi Wife - Page 2 of 2

In USAToday Ruth Madoff claimed that she and - Page 2 - Politics, Business, Civil, History - Posted: 27th Oct, 2011 - 11:50am

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Posts: 12 - Views: 1594
30th Jun, 2009 - 12:15am / Post ID: #

Ruth Madoff - Madoff's Ponzi Wife - Page 2

Yeah, she pretty much threw him under the bus when things went bad...

QUOTE
"I am embarrassed and ashamed," she said. "Like everyone else, I feel betrayed and confused. The man who committed this horrible fraud is not the man whom I have known for all these years."


They always talk about when the sons were told, but I have yet to hear when she knew. I cannot help but think it had to be a bit earlier than the sons.

She does get to walk out with 2.5 million, but she has lost all property and I am fairly sure she still is retaining a high priced lawyer. That 2.5 million wont go too far with her taste since she used to burn through that amount pretty quickly in the life she was accustomed.

They are still looking at her and the kids in the "tragic event" as Bernie would say. This isnt over by a longshot, just Bernie's part has been resolved.


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30th Jun, 2009 - 12:17am / Post ID: #

Wife Ponzi Madoffs Madoff Ruth

The question is why? She seemed to have been involved as much as her husband. I do not understand why they are giving her that kind of money that we do not even know where is coming from.


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30th Jun, 2009 - 12:40am / Post ID: #

Ruth Madoff - Madoff's Ponzi Wife History & Civil Business Politics

Well, they are still working on the ties, so dont give up hope yet. As I said, this is a long way from being over. Her and the kids are still being investigated. The only reason she gets to keep the 2.5 million USD is that this money is obviously hers and hers alone. Perhaps it was heritance...but it was hers as the government has said it cannot be tied to the crime or profits of the crime. I do believe her family was well off before she married.


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27th Oct, 2011 - 11:50am / Post ID: #

Page 2 Wife Ponzi Madoffs Madoff Ruth

In USAToday Ruth Madoff claimed that she and her husband decided to commit suicide when the whole thing started to unfold:

international QUOTE
"I took what we had, he took more," she said. "We took pills and woke up the next day. ... It was very impulsive and I am glad we woke up."


You can do many things that you would not normally do when under great stress.


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