Ponzi

Another Madoff Suicide

Shortly before shooting himself with a handgun on Tuesday, William Foxton discovered his family's savings had been invested by hedge funds in Bernard Madoff's Ponzi scheme. "I feel a little helpless at the moment. Essentially I want Madoff and others involved in Herald funds to know that they have my father's blood on their hands," said Foxton's son, Willard, adding, "I think it's disgusting that Bernie Madoff is sitting in his New York property, thinking that all he did was steal money, when, in fact, what he was really doing was ruining lives." Foxton had been a major in the British Army and head of the European Commission Monitoring Mission in the Balkans during the Yugoslavian wars. Shortly before retiring, he ran humanitarian projects in Afghanistan.