Madoff Had Affair With Ex-Hadassah CFO, Her Book Says

Madoff Had Affair With Ex-Hadassah CFO, Her Book Says - 8/13/2009

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Madoff Had Affair With Ex-Hadassah CFO, Her Book Says
David Voreacos

Bloomberg. August 13, 2009
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EXCERPT: An accountant who has publicly blamed imprisoned con man Bernard Madoff for stealing her family’s savings has written a book that will disclose a secret she previously withheld -- they once had an extramarital affair. Sheryl Weinstein’s account, “Madoff’s Other Secret: Love, Money, Bernie, and Me,” will be published Aug. 25 by St. Martin’s Press. Amazon.com Inc. and Barnes & Noble Inc. are accepting advance orders through Web site listings that disclose no details about the relationship and say that the author is “to be announced.” The author is Weinstein, said John Murphy, a spokesman for New York-based St. Martin’s. Weinstein, 60, has denounced Madoff publicly at least four times this year, including at the June 29 court hearing where he was sentenced to 150 years in federal prison for masterminding the largest Ponzi scheme in history. Weinstein told the judge she met Madoff 21 years ago when she was chief financial officer at Hadassah, the Women’s Zionist Organization of America Inc. “I now view that day as perhaps the unluckiest day of my life because of the many events set into motion that would eventually have the most profound and devastating effect on me, my husband, my child, my parents, my in-laws and all of those who depended on us,” Weinstein said at the New York hearing. In addition to details of the affair, the hardcover book will include photographs and intimate descriptions of Madoff, Murphy said. He declined to provide an advance copy of the book, which he said was “a fast read’ and was ghostwritten. […] Madoff, 71, was arrested Dec. 11 and pleaded guilty in March to running a $65 billion Ponzi scheme that paid early clients with money from new investors. At the sentencing, Weinstein was the last of nine victims to address U.S. District Judge Denny Chin.

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