• search
For Quick Alerts
For Daily Alerts

Ponzi King Madoff said to have cheated on his wife many times

By Super Admin

New York, Mar.29 (ANI): Ponzi scammer Bernie Madoff, who is currently in jail for defrauding investors of millions of dollars, also cheated on his devoted wife Ruth

Madoff carried on at least one affair during the couple's 50-year marriage, the New York Daily News quotes two sources, as saying.

One insider tells us Bernie once had a thing with an executive assistant at a major media corporation.

"She was attractive and Jewish," says the source. "He was quite generous with her. He used to fly her around."

Another source corroborates that Bernie two-timed Ruth "eight or nine years ago."

"I heard that, when Ruth found out about it, Bernie agreed to end the affair," says the source, who knows Madoff and several of his victims. "She kept him on a short leash after that."

That's for sure. When she wasn't working out of Bernie's midtown office, she made sure she was on his business trips. They had dinner together almost every night - usually just the two of them, often at Primola on Second Ave.

The Madoffs' daughter-in-law, Deborah, filed for divorce from their son Andrew one day after Bernie was arrested in December. The couple had been living apart for 17 months, but some saw Deborah's divorce filing as a bid to hold on to her share of the marital assets should creditors come after Andrew.

Ruth has stood by Bernie during the past six months, but if she were to embrace Deborah's divorce strategy, Ruth might argue that she is at least entitled to the "honest" assets that came into their marriage before he began his Ponzi scheme. (ANI)

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more