A friend of French money manager Thierry de la Villehuchet told a paper that he committed suicide in his New York office this week. His death has been confirmed by the medical examiner.
Villehuchet had plowed over a billion dollars he managed into Bernie Madoff's Ponzi scheme.
Villehuchet, 65, was the co-founder of Access International, a company that raised funds on European markets to invest with Madoff, the former pillar of Wall Street accused of running a multi-billion-dollar Ponzi scheme.
One of his close friends confirmed a newspaper report that Villehuchet committed suicide early on Tuesday, saying he had spoken to an employee at the company's New York office and that police were at the scene.
Villehuchet "could not cope with the pressure following the outbreak of the scandal," the website of La Tribune daily quoted an associate as saying.
Reportedly, 3/4 of the money Villehuchet managed was in Madoff's fund.
Bloomberg reports Thierry de la Villehuchet was found Tuesday morning:
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