Madoff Investor commits suicide

Madoff has cost many investors around the world millions of dollars by running a grand level scam. For Rene Thrierry Magon however the scam cost him his life. The investor who had lost $1.4 billion dollars at the hands of Madoff was found dead in his office on Dec 23 2008. The founder of the de la Villehechet fund had slit both his wrists and committed suicide losing all reason to live.

This has marked a grim turn in the global scandal that has brought some of the biggest and richest people on their knees. The body of Rene Thierry was found in office about 8am. The investor had slit both his wrists using a box cutter after popping some sleeping pills to numb the pain. He left without writing a suicide note.

The investor was one of the severely hit individuals in the $50 billion scam. Other investment funds that had failed to protect their clients from the fraud are also being targeted by investor lawsuits and facing an even more tough time.

It is for sure that de la Villehuchet must have been facing a certain amount of scrutiny over the losses he had incurred in the scam. The nature of the scrutiny however has not been disclosed. On Monday night the investor reportedly told the cleaning crew of his office to leave by 7pm as he intended on working till late. The next morning the cleaning workers returned to the office only to find the door of his office locked from the inside. After managing to break through the door the police discovered Rene’s dead body at his desk with the box that he used to slit his wrist lying next to him on the floor.
The now dead prominent investor belonged to a long line of aristocratic Frenchmen. He had a lineage coming down from one of the most powerful French families. The investor has left behind a widow and no children.