Infamous Ponzi-schemer Bernie Madoff may soon have more trouble on his hands. Fox News reports that his wife, Ruth, is planning to divorce her incarcerated husband.
The couple have been married for 52 years but haven’t seen each other since their son, Mark, committed suicide at age 46 last year. The news source reports that their other son, Andrew, has shunned his mother. The divorce is reportedly an attempt by Ruth Madoff, 70, to reconnect with her estranged son.
Madoff’s financial scheme, the largest investment fraud in U.S. history, cut investors out of approximately $20 billion over 20 years. He was sentenced to 150 years in prison in 2009 after pleading guilty to 11 federal felonies.
According to the New York Times, one couple who had much of their money invested with Madoff may get a second chance to hash out the financial details of their divorce. Steven Simkin and Laura Blank divorced in 2006, but much of Simkin’s assets he took away from the divorce were in an account handled by Madoff. New York’s highest court will decide whether their divorce agreement can be rescinded, a rare occurrence.