The Madoff affair claims a life.
The apparent suicide of René-Thierry Magon de la Villehuchet, who set up his own company after rising to become one of the most powerful Frenchmen on Wall Street, was discovered early yesterday morning.
His hedge fund, Access International Advisors, enlisted intermediaries with links to the cream of Europe's high society to garner clients.
Access International had placed about $1.4bn with Madoff Investment Securities, putting intolerable pressure on M. de la Villehuchet, according to a friend who spoke last night to La Tribune newspaper in France.
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