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October 26, 2009

Madoff Billionaire Found Dead in Florida Swimming Pool
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A longtime friend of Bernard Madoff’s was found dead on Sunday after
apparently drowning at his home in Florida. The sixty-seven-year-old
Jeffry Picower has been accused of making more than $7 billion from the
investment schemes of Madoff. His death will likely make it more
difficult for jilted investors to recoup their money in court.



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