Investor burned by Bernie Madoff jumps to his death

FILE Charles Murphy 56 whose hedge fund reportedly invested billions of dollars in clients money with Bernie Madoff leaped from the 24th floor of the 45 W. 44th St. building

Charles Murphy - driven to despair after losing millions in the Madoff Ponzi scheme of 2008 - added his wife to the deed of their Upper East Side mansion just three weeks before his death, public records show.

"We are extremely saddened by this news", John Paulson, the founder of Paulson & Co., said in a statement Tuesday to Bloomberg.

A French aristocrat who lost US$1.5 billion in Madoff's scheme previously committed suicide in 2008.

Murphy's apparent suicide also comes at a time when Wall Street has begun to worry about the rash of similar incidents linked to the industry.

He and his second wife Annabella Murphy lived in a ritzy townhouse on E. 67th St. that they put on the market past year for $49.5 million. Mr. Murphy also worked at Goldman Sachs Group Inc.in NY and then for Morgan Stanley, Deutsche Bank A.G. and Credit Suisse Group A.G.in London.

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An executive whose former hedge fund invested $7 billion in Bernard Madoff's Ponzi scheme jumped 20 stories to his death from a high-rise Manhattan hotel, police said. Murphy and his partners were defendants in an $80 million lawsuit brought against Madoff by defrauded investors, according to the Daily News.

According to CNBC, Murphy is believed to be the fourth person to commit suicide in connection with Madoff. He bought the townhouse from Seagram heir Matthew Bronfman for $33 million in 2007.

That month, Madoff investor Rene-Thierry Magon de la Villehuchet (reh-NAY' tee-ay-REE' mah-GOHN' duh lah veel-oo-SHAY') killed himself in NY. Charles was an extremely gifted and brilliant man, a great partner and a true friend'.

Before coming to Paulson, Murphy worked for hedge fund Fairfield Greenwich Group and several investment banks. Murphy and his ex-wife had two children together. His older son Mark hanged himself on Dec 11, 2010, exactly two years after his father's arrest while his younger brother, Andrew, died of cancer in 2014.

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