Bernie MadoffPhoto: Justin Lane/EPA
Fraudster Bernard Madoff's only surviving son, Andrew, died Wednesday morning of lymphoma at age 48, CNBC reported.
Ruth Madoff in Greenwich, CT. in August, 2014.Photo: Paul Adao
His older brother, Mark, committed suicide in 2010.
Lawyers for Andrew and his brother's estate had been trying to persuade a bankruptcy judge to toss a lawsuit by Irving Picard, the court-appointed trustee handling the convicted Ponzi schemer's former hedge fund company.
Picard accused the two brothers of always knowing about their father's investment scheme earlier this year, claiming they went as far as obstructing regulatory investigations.
Andrew claimed that he and his brother were first told of the plan by their father as it was collapsing, and then told the police.
"My father, what he did, was awful, he affected the lives of so many people, stole their dreams, their futures, us among them, and I'll never forgive him for that," he said on the "Today" show in 2011.
Investors lost more than $17 billion in the Ponzi scheme.
Bernie Madoff was convicted of committing fraud and is serving 150 years in a federal prison.
Before his father's scam was found out in 2008, Andrew was president of the Lymphoma Research Foundation, a nonprofit organization that sought to raise money to cure the disease.
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