Jeffry Picower was a billionaire philanthropist and investor who reportedly gained more than $7 billion dollars in the $65 billion Bernard Madoff Ponzi scheme. On October 25, 2009, the 67-year-old Picower was found dead in the swimming pool of his Palm Beach, Florida, home. A subsequent autopsy found that Picower suffered a heart attack and drowned.http://www.foxnews.com/story/0,2933,569576,00.html?test=latestnews
The trustee handling the Bernie Madoff case said Picower was "the biggest beneficiary of Madoff's scheme."http://www.nydailynews.com/money/2009/10/26/2009-10-26_palm_beach_billionaire_madoff_beneficiary_found_dead_at_bottom_of_his_pool.html
Jeffry Picower Dead
The Associated Press reports on the death of Jeffry Picower. The 67-year old Picower's body was found at the bottom of his swimming pool on October 25, 2009. Picower was a friend of Bernard Madoff and is accused of profiting more than $7 billion from Madoff's Ponzi scheme.
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Fast Facts
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Picower was an investor and philanthropist
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Found dead at his Palm Beach, Florida, home on October 25, 2009
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Autopsy determined Picower suffered a heart attack and drowned in his swimming pool
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Picower reportedly suffered from Parkinson's Disease and "heart-related" medical problems
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Said to have made $7.2 billion from the Bernard Madoff Ponzi scheme
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Picower was being sued by bankruptcy attorneys
