A Madoff Son Hangs Himself

Mark Madoff, the elder son of Bernie Madoff, the man whose name has become a byword for financial fleecing, took his life on Saturday on the second anniversary of his father’s arrest.

The younger Madoff, 46, was found in his SoHo apartment by his father-in-law; his two-year-old son was in the apartment at the time, according to a Reuters report.

Bernard Madoff, 72, is currently serving a 150-year sentencefor committing what is considered the largest financial fraud in history; he ran a Ponzi schemethat ran for decades and brought him and his family illicit billionsin wealth at the expense of his investors, both large and small, famous and unknown. He was arrested on Dec. 11, 2008, after his two sons turned him in; they said he had admitted to them what he had done the day before.