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Mark Madoff, 46, was found hanging dog on a leash in his 6 m $ (￡ 3 8 m) apartment in New York on the second anniversary of his father's arrest.

Ira Sorkin, Bernard Madoff, defence counsel said that his client had decided to not attend the funeral "consideration" for his stepdaughter and the privacy of her grandchildren.

"There will be a private service to the institution where he is imprisoned," Sorkin added.

It is initially feared Madoff could be banned from attending the funeral service. He detainees are allowed to attend the funeral of a member of the family if they have less than two years left of their sentence. As a white collar criminal Madoff might have applied for permission, but according to the prison, a visit will be granted if it was clearly in the public interest. "

Mark Madoff family Scion who worked in his father's business has sent a series of emails desperate until he was found dead on Saturday morning.

In one, his lawyer, Martin Flumenbaum, he wrote: "nobody wants to hear the truth." "Take care of my family."

In another, he told his wife, who was at Disney World in Florida with their four year old daughter: "I love you". It also suggested that those around him would better without him. Two year-old son was in the apartment when he died.

Mr. Flumenbaum stated that he had "died two years of relentless pressure from false accusations and innuendo" on "monstrous crime his father".

Mark Madoff has never been criminally charged and told investigators he knew his father deception. He had not spoken with her father for two years and is distressed about the speculation about the potential of criminal charges against him.

He and other members of the family are already pursued by a trustee appointed to the Court and attempt to recover money for investors. Trustee Irving Picard accused them of being "completely abandoned in duties and responsibilities" and said that they should know about fraud that led to losses of up to 65 billion (￡ 41 billion).

Earlier this week, the trustee has continued five grandchildren Madoff, including children of Mark Madoff for millions who have been transferred. Cases were filed just before a date limit for therefore expired on weekends.

In a statement after the death of Mark Madoff Mr Picard stated: "it is a tragic development and my deepest sympathy goes to Mark Madoff family."

In pursuing civil Mark Madoff was charged with receiving "astronomical compensation" funded "sumptuous life", including luxury in New York, Connecticut and Nantucket homes.

He was charged with receiving evil 66 m $ (￡ 42 m) of the investment of his father. In a period of three months in 2008, he spent $77,000 (￡ 49,000) on private jets.

At the time of his death, he still lived in an apartment in New York, where he had Jon Bon Jovi, as a neighbour. Two days before his death, he dropped off the coast of a $ 400 (￡ 250) Christmas present for parking attendants it.

Ronnie Sue Ambrosino, who leads a group of Madoff victims, said: "it is sad." It is very, very sad that all life is taken. It is therefore unnecessary.

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Mark Madoff, 46, was found hanging from the ceiling of his apartment in the SoHo district in Manhattan fashion Saturday morning by his father-in-law.

Law enforcement officials told the Associated Press that Madoff was found hanged in a ceiling pipe in his loft apartment living room two year-old son sleep in a room nearby.

Mr. Madoff and his brother Andrew transformed their father for the American authorities in December 2008, after he told them that he was running a financing fraud 50 billion Ponzi scheme.

Two sons were senior positions in the company, but insists on the fact that they had no knowledge of the fraud for where their father is now serving 150 years in prison.

The son of two years of Mr. Madoff would in his SoHo apartment with him while his four year old child is in Florida with his wife.

No suicide note was found, but Mrs. Madoff had asked his father for the control of her husband, after the two exchanged e-mails that triggered the alarm.

Mark and Andrew continued this week by Irving Picard, the trustee appointed to the Court, recover assets for victims swindled by their father.

The Wall Street Journal reported this month that they are the object of criminal tax - fraud cases by federal prosecutors in Manhattan. Both contributed to perform market-making division the company, which was separated from the Division on investment, where their father committed his crimes of billions of dollars.

Martin Flumenbaum, Mark Madoff, lawyer said: "it is an unnecessary and terrible tragedy."

"Mark was an innocent victim of the monstrous crime of his father who died two years of relentless pressure from false accusations and innuendo."

A lawyer for his mother, Ruth Madoff, said "broken".

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Irving Picard, the trustee appointed to the Court and attempt to recover money for investors cheated by Madoff, filed a lawsuit against Madoff Securities International Ltd., London convicted fraudster operating branch. So far, the arm of London company has largely avoided moved in the scandal, even if ￡ billion worth of Mr. Madoff transactions passed through the United Kingdom in one year.

In the meantime, one of America's richest philanthropists and his family have agreed to give back 625 m $ to Mr. Picard, it was reported last night.

Carl Shapiro, who initially invested money there are decades of Mr Madoff has always maintained that he, his family and his charitable foundation lost approximately 545 million to the fraudster. However, according to reports that figure was based on fictitious claims that Mr. Madoff sent to clients in a short time before his fund collapsed in 2008. On the contrary, Mr. Picard was calculated as Dr. Shapiro, 97 and her family acquired approximately $billion by deducting how they invested with Mr. Madoff how much they removed his funds. Mr. Picard said: "This is a strong example of progress we make."

Mr. Picard also demanded another 555 m $ of UBS, the Bank Switzerland.

Steven Philippsohn, associate principal dispute of PCBs, said becoming embroiled in London: "the burden of proof will be to establish that administrators turn a blind eye on the Madoff fraud Madoff trustee." The trustee will no doubt be argue that administrators should have spotted, but chose to ignore, some basic red flags in their commercial activities. ?

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Entrepreneur and philanthropist Carl Shapiro and other representatives of "Shapiro incumbent Advisory investment accounts has concluded an agreement with" US prosecutors in New York.

The US Government filed documents in court to recover the money accounts of JP Morgan Chase and said that the product will be distributed to Madoff investors.

Shapiro, 97, first of all invested money with Madoff in 1961, two years after the imposter has launched his company.

Madoff, 72, is serving a 150-year prison sentence after pleading guilty in March 2009 a decades long multi-billion fraud who defraud thousands of investors worldwide.

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