Jeffry Picower

A man who made billions of dollars off Bernard Madoff's Ponzi scheme signed a will leaving the bulk of his fortune to charity, but the gift's ultimate size may depend on legal wrangling over how much of the money rightfully belongs to cheated victims. Jeffry Picower, 67, a prominent philanthropist, drowned after suffering a heart attack in the swimming pool of his Palm Beach, Fla., mansion on Oct. 25. Unlike some other Madoff investors, he died a rich man. The trustee unraveling Madoff's financial web said Picower withdrew some $7 billion from his Madoff accounts over the decades — well more than he invested. ... Read Full Story

Purposely polluting the upper atmosphere? Reflecting sunlight with giant space mirrors? These aren't the tactics of a Hollywood supervillain — they're controversial "geo-engineering" ideas that some say would help combat global warming. Is there any chance they would help? Curiosity about geo-engineering inspired one of the questions in this edition of "Ask AP," a weekly Q&A column where AP journalists respond to readers' questions about the news. If you have your own news-related question that you'd like to see answered by an AP reporter or editor, send it to newsquestions(at)ap.org, with "Ask AP" in the subject line. And please include your full name and ... Read Full Story

The death of Jeffry Picower, accused of profiting more than $7 billion from the investment schemes of his longtime friend Bernard Madoff, will make it more difficult for suing investors to recoup their money, attorneys said. Picower's wife, Barbara, on Sunday discovered the 67-year-old's body at the bottom of the pool at their oceanside mansion and pulled him from the water with help from a housekeeper, authorities said. He was pronounced dead at Good Samaritan Medical Center at about 1:30 p.m. Palm Beach police are investigating the death as a drowning, but have not ruled out anything on the cause of death. Picower had ... Read Full Story

Palm Beach police said Sunday that Jeffry Picower, a Florida philanthropist and a friend of Bernard Madoff for decades, has died. He was 67. Picower was the former New York lawyer and accountant alleged to have extracted billions of dollars from the Bernard Madoff investment scheme. In a statement, the Palm Beach Police Department said Picower was found at the bottom of his Palm Beach home's pool Sunday afternoon by his wife and could not be revived by Palm Beach fire rescue workers. Picower was transported to Good Samaritan Medical Center where he was pronounced dead at about 1:30 p.m. The police department said ... Read Full Story

Jeffry Picower, a philanthropist accused of profiting more than $7 billion from the investment schemes of his longtime friend Bernard Madoff, was found at the bottom of the pool at his oceanside mansion and died Sunday, police said. He was 67. Picower's wife discovered his body and pulled him from the water with help from a housekeeper, authorities said. He was pronounced dead at Good Samaritan Medical Center at about 1:30 p.m. Palm Beach police are investigating the death, as is standard for any drowning, the department said in a statement. Detectives were still at the home more than five hours after the 911 ... Read Full Story