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clipped from www.comcast.net

British investor in Madoff scheme kills himself

A former British soldier killed himself after losing his life savings in an alleged $50 billion fraud run by Wall Street financier Bernard Madoff, the dead man's son said.

William Foxton, 65, who had served in the British Army and more recently worked as a defense contractor in Afghanistan, died from a single bullet wound to the head in the southern English port city of Southampton on Tuesday, police said.

"He came back and we were all very glad he was back and retiring and we were looking forward to him spending a long and happy retirement with us, but unfortunately very recently ... I got in contact with him to ask him some ordinary family stuff and halfway through the conversation he said: 'Look, I'm really sorry, I can't concentrate, I'm afraid I've lost everything, I've lost all the money, I might have to declare myself bankrupt'," Willard Foxton told Sky news.

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