Ruth Madoff is still holed up inside the $3.8million
The 79-year-old is staying at a home owned by her late son Mark’s first wife, Susan Elkin.
A visitor was seen dropping off a package at the family home on Saturday, but Ruth was nowhere to be seen.
She has not been seen since her husband, the disgraced financier Bernie Madoff, died in federal prison in
Prison sources said his death was from natural causes.
Now, it remains unclear who will claim his body or what kind of funeral he will be given.
Ruth Madoff is still holed up inside the $3.8million Connecticut home where she has been staying since her husband Bernie’s death earlier this week
It’s unclear who the woman who dropped off a package was
A woman dropping off a package at the family home where Ruth Madoff has been staying since Bernie’s death
One of the people inside the home retrieved the package. It’s unclear if this is one of Ruth’s grandchildren, who she moved Connecticut to be close to
After robbing tens of thousands of people of $65billion to fund his extraordinarily extravagant life with Ruth, Bernie was arrested in 2008. His adult sons Mark and Andrew turned him into the feds after he confessed to them that the investment firm he was running was a Ponzi scheme and ‘one big lie’.
Mark stopped speaking to him and hanged himself in 2010, on the second anniversary of Bernie’s arrest.
He was so ashamed of his father that he couldn’t live with the guilt of his crimes anymore.
Andrew died from lymphoma in 2014. He’d beaten cancer once but it returned in 2011, after Bernie’s arrest. He blamed his father for his deteriorating health.
Ruth claimed to have cut Bernie off but journalist Jim Campbell, who had unfettered access to her for years, revealed to DailyMail.com last week that Bernie was still writing to her from prison when he died.
The back of the waterfront home in Old Greenwich, Connecticut. Ruth has not been seen
The home is owned by Richard and Susan Elkin. Richard is pictured. Susan was previously married to Ruth’s oldest son Mark
He also said he did not believe she would ever ‘completely uncouple’ from him.
Before he was jailed, she made a deal with prosecutors to that she’d be allowed $2.5million to pay for his legal fees.
She has since reached a settlement with a small group of some of his tens of thousands of victims to pay them $600,000.
Bernie and Ruth Madoff in Palm Beach, Florida, before his 2008 arrest. Madoff died aged 82 in prison on Wednesday
It’s a tiny fraction of what he stole – $65billion.
Bernie also told Campbell how he convinced clients they were making money when they weren’t.
He had a file he referred to as ‘schtup’, a Yiddish word which means ‘sex’ or ‘push up’, where he’d calculate how much each client needed to think they were making every year, then he’d give them that number at year-end.
He insisted to Campbell that he could have made all of the trades he thought about but never did.
‘Jim I do realize none of these trades actually happened,’ he said.
The trades Bernie claimed to be making were larger than the entire market but somehow, the SEC failed to detect it.
They didn’t even know he had a hedge fund, Campbell writes.
‘Over 40 years, the SEC missed what could have been uncovered in a well-placed 5-minute phone call to a Wall Street trade validating entity to see such returns weren’t even possible,’ he said.
Bernie’s coziness with the regulators was a crucial component of the case.
Andrew told Campbell of their disgraced father: ‘He killed Mark quickly, he is killing me slowly’Mark Madoff with his wife Stephanie, right, before his father’s crimes were revealed. Mark killed himself on the second anniversary of his father’s arrest in December 2010. Andrew Madoff, right, on the Today show in 2011. He died from lymphoma in 2014. The two brothers said they never spoke to their father again after learning what he’d done