Former Madoff Securities International Ltd. director Mark Madoff owned this house from 1994-2001. Mark Madoff along with his brother Andrew turned in their father, Bernard Madoff, to authorities for operating the largest Ponzi scheme in history. The scheme cost clients of the firm more than $50 billion. Mark Madoff suffered two years of allegations and investigation concerning his perceived role in the fraud and had not spoken to either of his parents since turning his father in. On December 11, 2010 Mark Madoff was found dead in his New York condominium, the victim of a suicide.