New York, Dec 29 (ANI): Lawyers for the former chairman of Wall Street firm Bernard L. Madoff Investment Securities are reportedly exploring an insanity defence in the 50billion-dollar fraud case.
According to reports, Bernard's family and his team of advocates may argue that during the alleged 50 billion fraud he underwent a mental breakdown.
"Bernie's family and his attorneys may argue that, somewhere along the line, he had a mental break," the New York Daily News quoted a Bernard acquaintance as saying.
"They may even say he has a multiple personality disorder," the acquaintance added.
The 70-year-old financier, now a prisoner of his East Side penthouse, is said to be taking a heavy dose of anti-anxiety medication.
"He seems really out of it," a source said.
However Madoff's lead attorney, Ira Lee Sorkin, told said: "I have no comment on Mr. Madoff's defense or mental health." (ANI)