Jeffry Picower 'Cleared' $7 Billion in Ponzi Scheme; Faced Civil and Possible Criminal Charges By BRIAN ROSS, VIC WALTER, RICHARD ESPOSITO and ANNA SCHECTER The man who made $7 billion in the Bernie Madoff Ponzi scheme, Jeffry Picower, was found dead in his Palm Beach, Fla., swimming pool Sunday. Accountant Jeffry Picower, right, and wife Barbara Picower pose for a portrait at their home, in this Jan. 28, 2002 file photo in Palm Beach, Fla. (Lucien Capehart Lucien Capheart/Getty Images) More Photos The Palm Beach Fire Department told ABC news that Picower had no pulse when fire rescue workers arrived at his oceanfront mansion after... [read full story]
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