Madoff bankruptcy trustee, Irving Picard, filed suit against investor Jeffry Picower claiming Picower had received more than $7B in fraudulent profits. Today, Picower was found dead.
Picower was the former New York lawyer and accountant alleged to have extracted billions of dollars from the Bernard Madoff investment scheme.
In a statement, the Palm Beach Police Department said Picower was found at the bottom of his Palm Beach home’s pool Sunday afternoon by his wife and could not be revived by Palm Beach fire rescue workers.
