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Re: *~1Best~* post# 2915

Tuesday, 12/23/2008 3:10:08 PM

Tuesday, December 23, 2008 3:10:08 PM

Post# of 3006
There are a few who made big bloody money during decade using all kinds of deception and lies while millions are going through much pain.

re: "This is a farewell from someone who had done nothing wrong," they said."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34376857

Even though we do not know all the details, God knows all the hidden details. Evil greed putting many to misery will sure pay for the crime in eternity whether you believe it or not. God knows all the facts and motivations. Bloody greed money fights until last days - you can't take bloody money to eternity, but the consequences of the deeds will be in eternity.


~~~~~

Fund Chief With Madoff Ties Said to Commit Suicide
MADOFF, RENE-THIERRY MAGON DE LA VILLEHUCHET, ACCESS INTERNATIONAL, HEDGE FUNDS, MADOFF
CNBC.com
| 23 Dec 2008 | 02:23 PM ET

A French executive whose fund is reported to have lost large sums it invested with Wall Street adviser Bernard Madoff was found dead in New York City, police said on Tuesday.

Thierry Magon de la Villehuchet, 65, was pronounced dead at 8 a.m. (1300 GMT) at a Madison Avenue building in midtown Manhattan, New York City Medical Examiner spokeswoman Ellen Borakove said. He was co-founder of money manager Access International. She said the cause of death was not yet known. New York City police said they were called to the building at 7.30 a.m.

Although the results of an autopsy are not expected to be available until late Wednesday morning, sources told NBC news that Villehuchet's body was found sitting at his desk in his office. Both of his wrists were slit and there was a boxcutter and sleeping pills nearby.

Police suspect he took the sleeping pills and then slit his wrists, but a toxicology report will need to be completed to confirm these suspicions.

Villehuchet, who was described by his attorney as distraught, had been trying to recover some of the funds lost to Madoff, whom U.S. prosecutors accuse of orchestrating a $50 billion fraud. Access may have lost as much as $1.4 billion to the Madoff scheme.

The fund did not immediately return a call seeking comment.

Among Villehuchet's investors was France's second richest family, the Bettencourts.

According to a source familiar with the situation, Villehuchet was asked by Madoff to set up Access to market the Madoff funds to the Bettencourts, who owe their fortune largely to the L'Oreal cosmetics company, and their society friends.

Other investors in the fund included a unit of Rothschild and several clients of Swiss bank UBS, according to published reports.

Villehuchet also had invested his own personal money in the fund.

--Vicky Ward, CNBC contributor, and Reuters contributed to this report.

More from CNBC:
# Rogues Gallery: Biggest Frauds on Wall Street
Suspicion Falls on Fund-of-Funds in Wake of Madoff Firm Built on Madoff Ties Faces Tough QuestionsNumber Cruncher Says Madoff Math Didn't Add Up

© 2008 CNBC.com

URL: http://www.cnbc.com/id/28368184/



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