Madoff's Biggest Beneficiary Found Dead

" Bernie Madoff his longtime friend and investor Jeffrey pick -- has been found dead. The bottom of his pool it is Florida mansion cal was accused of making nearly seven billion dollars in Madoff Ponzi scheme. Adam Shapiro of course following the Madoff case since day one and joins us now any sign of foul play well we don't know yet the -- Palm Beach authorities. County medical examiner is performing an autopsy as we speak it's happening this morning on 67 year old mr. pick our. And we hope to have some results released to the public later today and if there was foul play we would hope to find out. If that was the case in the public statement that the F Palm Beach police department and the county medical examiner hopefully will issue later today after they concluded the autopsy. But at issue is one how -- mr. -- guy he was found in his home swimming pool yesterday morning by his wife according to the Palm Beach police department 67 years old. And he is at the center. Of the Madoff skiing because mr. pick our according to Irving Picard just pick our remember had never been charged criminally. But Irving Picard the trustee whose job it is is to recover funds for the victims of mister Madoff. In their response to lawsuit which mr. peak hours trying to get this suit dismissed here's what mr. the court had to say. -- hour with instead the biggest beneficiary of Madoff scheme having withdrawn either directly or through his Kennedy's. More than seven point two billion dollars of other people's money. And of that amount 2.4 billion was received by picked out within the past six years alone. That lawsuit against mr. pick our and his foundation. Is still alive and will be pursued aggressively according to members of team of -- The other thing is that according to Marshall Horwitz who is the spokesperson for the pick our family. Mr. peak hours suffered from Parkinson's disease that several heart related medical problems which may have contributed to his death but officially no cause of death. As of yet one other thing to keep in mind mr. peak -- was accused in. The -- card lawsuit of having full knowledge for the last twenty years of the Madoff Ponzi scheme. The -- card lawsuit outlines all kinds of fraudulent transactions in one year mr. peak hours. Returns were greater than 950%. In one year he had deposited a 125 million dollars two weeks later it was had gained roughly sixty million. But it was a gain on trade that occurred three months before he deposited the 125 million. So his backdating of some statements according to a team of card and -- pick our now will not have a chance to address those charges. His lawyers for the -- will have to do that. When we you know something. In what regard you mean that's how I thought about you know who who else might have been generally speaking -- assume if you if you suffered from Parkinson's disease and had a history of heart trouble. You running -- swimming -- he'll likely be some alone I don't know I I I personally don't know people. Who suffers from Parkinson's disease I do know people who have heart related illnesses my father and he swims but. I don't know if you would not so Malone the question I think also that needs to be asked is we're approaching the one year anniversary. Of Bernie Madoff scheme becoming public. And only three people to date have been charged with any crime and one of them isn't even implicated mr. free -- The count it isn't even implicated in the Ponzi scheme only mr. deepest Collie who promised to -- others were involved. And mister Madoff and all the -- deepest valleys and others were involved haven't charged anybody as of yet or Adam Shapiro following the but I guess -- side you know mr. we was number 371 on the Forbes 400 list and remember his family you know yep it is five and -- thank you very much."