March 30, 2017

Partner At Paulson & Company Jumps To His Death In Midtown Manhattan

A 56-year-old partner at Paulson & Co., who was best known for losing billions of his clients' money to Bernie Madoff's Ponzi scheme when he ran the Fairfield Greenwich fund of funds, leaped to his death from the luxury Sofitel hotel in midtown Manhattan. Charles W. Murphy was wearing a dark business suit when he plunged to his death from the 24th floor of the 45 W. 44th St. building at around 4:42pm on Monday.

Murphy was working at the Fairfield Greenwich Group when Madoff was arrested in December 2008; as a result of the fraud Fairfield Greenwich lost $7.5 billion of its customers’ cash. Read more.

ZeroHedge

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