Body Of Madoff’s Son Cremated; Wife ‘Devastated’

NEW YORK (1010 WINS/CBS 2/AP) — Mark Madoff’s widow broke her silence on Wednesday, saying she was “devastated” by his recent suicide and wanted privacy.

1010 WINS’ Juliet Papa reports

Madoff, the son of disgraced financier Bernard Madoff, left behind four children, ages 18, 16, 4 and 2.

“Regardless of what you feel about my father-in-law and his monstrous crimes, Mark’s children are innocent victims and this is tragic for them,” Stephanie Madoff said in a statement, her first remarks since the death on Saturday.

“I am devastated and now raising two small children alone,” she said. “I ask that you please show decency and understanding toward all of Mark’s children and allow us to mourn in private.”

Stephanie Madoff said her husband’s body had been cremated and that there would be a private gathering honoring him later this week at an undisclosed location.

“I deeply appreciate the expressions of heartfelt sympathy and support I have received over the past several days from so many people who knew and loved Mark,” she said. “I will miss him and love him forever.”

Madoff, 46, hanged himself with a black dog leash in his Manhattan apartment on the second anniversary of his father’s arrest on charges he cheated thousands of investors out of tens of billions of dollars.

The suicide came while the Madoff family faced mounting pressure from a court-appointed trustee trying to recover money for victims of the massive Ponzi scheme by filing dozens of lawsuits to meet a deadline.

The trustee and federal investigators have been trying to determine if Mark Madoff — along with his brother, Andrew Madoff, and his uncle Peter Madoff — participated in or knew about the fraud. The brother and sons, who held management positions at the family investment firm, have denied wrongdoing.

Bernard Madoff’s attorney has said he will mourn privately at the North Carolina prison where he’s serving a 150-year sentence.

(Copyright 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • iggy

    when i die bury me upside down so you can park a bike.

  • ADAM S

    Why was she in Disney with her attorney?

  • ziggy

    All the Madoff family who worked and benefited from the Ponzi scam and the former senior workers are guilty and all their assets should be seized and return to the victims.

    This includes monies transferred to Bernie Madoff’s grandchildren.

  • ziggy

    Cremation is against Jewish Law!

    The body is a temple and belongs to God.

    Suicide is also against Jewish Law.

    Did he really commit suicide ?

    • Jetsfan

      So I guess stealing isn’t against Jewish law? Then, it must be taught in Hebrew School.



  • otto

    Well, duh … Mark’s wife is devastated. What surprising & breaking news!

    Yup, it is a shame for Mark’s kids. They will need a lot of counseling to move past all of this … from their daddy’s suicide to their grandpa ruining countless lives & rotting in jail.

    Whether you love ’em or hate ’em, all the remaining Madoffs still have a rough road ahead of them.

    Nice job Bernie.

  • Benny

    Jetsfan & LESGal: It’s obvious that the two of you know nothing about Judaism except that we eat Matzah balls on Passover. Jewish law applies to ALL Jews regardless of observant they are and it’s NOT their choice on how their bodies are treated after death.

    • Jetsfan

      Of course it is their choice what to do with THEIR BODY. That is the problem with religion they think they own the body and the soul too if if you are a non-believer. utter rubbish. When are you going to realize how silly these ideas are. So, are you right, and the other religions wrong. They’re all silly. the country club mentality is BS.

      Childish belief in fairy tales.

    • Shelly

      Hey Benny….

      I ate bacon with my latkes on Channukah….my choice…my right.

  • Jetsfan

    The world can’t afford these silly religious ideas any longer. Cremation is the way to properly dispose of a body.

  • E

    Look where the riches got the family

  • kglllga

    may the good Lord have mercy on his soul
    pray for the child

  • Benny

    Doesn’t Ruth know that deceased Jews are not allowed to be cremated and must be buried properly in a Jewish cemetary in accordance with Jewish law? Where was their family Rabbi when this stupid decision was made?

    • LESGal

      Not every Jew choses to be observant. It’s really none of anyone’s business as to what his immediate family (his wife) decides to do with his body.

  • Gregg

    Still does not make sense why he would kill himself , and by hanging ?Maybe an overdose or a gun – not hanging !

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