May 18, 2011 / 3:14 PM / 8 years ago

Madoff's daughter-in-law to publish memoir

NEW YORK (Reuters Life!) - Bernard Madoff’s daughter-in-law, Stephanie Madoff, plans to write a book about her life and marriage to his son Mark, who hanged himself last December, her publisher said on Wednesday.

The still untitled book, which will be published in December, will detail Stephanie Madoff’s relationship with Mark from the time her father-in-law’s Ponzi scheme began to collapse through the aftermath of Mark’s suicide on the second anniversary of Madoff’s arrest.

“Stephanie’s story is heartbreaking, compelling and ultimately courageous,” said David Rosenthal, the president and publisher of Blue Rider Press.

Mark, 46, Madoff’s eldest son, hanged himself inside his Manhattan apartment. He had managed the brokerage at Bernard L. Madoff Investment Securities LLC, along with his brother Andrew.

The brothers had been sued by a court-appointed trustee who claimed they knew, or should have known, about the scam, considered the biggest financial fraud in history. They denied the allegations.

Bernard Madoff, 72, is serving a 150-year prison sentence in North Carolina after pleading guilty in March 2009 to a worldwide fraudulent investment scheme.

Reporting by Bernd Debusmann Jr., editing by Patricia Reaney

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