Thoughts By Trail

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A French investment manager who put $1.4bn (£1bn) into Bernard Madoff’s fraud-hit scheme has committed suicide in his New York office, police said..

I just read this article and my first reaction was anger.  Rene-Thierry Magon de la Vilehuchet  a 65 year old male who was the co founder of Access International (money manage, company)  working out of New York.  Investor Vilehuchet put $1.4 billion into the fraud scheme  has committed suicide in his New York office on the 22nd floor on Madsison Ave.  Now it appears that Vilehuchet is just one of many victims of this hard hit scheme and it has affected thousands of people including the investors that was entrusted with hard earnings and life savings of some many people.  Per the report Vilehuchet has been working day and night  trying to recoup his clients money with no success.  The pressure of his knowing mistake ended his life.  He was found with a bottle of sleeping pills and both wrists slashed.

What makes me so angry about this is that Madoff’s  lack of honesty for over 70 years has ruined so many lives .  His actions have caused so many investors to lose the trust of all their clients and one to lose his life.  Madoff was released from jail and is currently under house arrest with all assest frozen.  Is that good enough until he is put on trial?  I feel he should wait behind the lovely bars we call jail.  He is  theif and should be treated as such.  To me it feels like he purposely robbed thousands of innocent people blind to maintain a lavish lifestyle he didn’t earn or deserve.   To read more about this article click the link below.

Rest In Peace Rene-Thierry Magon de la Vilehuchet

BBC NEWS | Business | Madoff investor commits suicide