William Foxton, Former British Army Major, Commits Suicide After Losing Life Savings in Mammoth Pyramid Scheme Masterminded by Bernard Madoff

Another victim for financier Bernard Madoff has committed suicide. Retired British army major William Foxton killed himself after losing his life savings in scumbag Bernie Madoff Ponzi scheme. It's amazing that the mainstream media managed to bury this for a few days, since it happened on Tuesday.

Here's my issue with this whole Bernie Madoff scandal -- if you steal a $10 item from a store and you are caught with it, you don't get house arrest. You get jail time, no questions asked. But here we have this dirtbag, who literally robbed his investors blind and he gets house arrest. What's wrong with this picture? I am also wondering why charges were not brought against Martha Madoff, who moved millions around right before her husband was arrested. Had that been you or I, you know what the outcome would be -- clang, clang, the sound of a prison cell.

Police in the English town of Southampton say William Foxton, 65, died from a single gunshot to head on Tuesday and that a pistol was recovered at the scene. An inquest still needs to determine the cause of death, but police in the town, 80 miles (130 kilometers) southwest of London, say the shooting was not suspicious. Willard Foxton said it was suicide.

William Foxton, who served in the French Foreign Legion and rose to the rank of major in the British army, lost an arm during service in the military. He retired in the 1970s. His son said he did not know the exact circumstances of the injury, explaining that his father told him little about his time in the army.

William later threw himself into humanitarian work, spending the 1990s and early 2000s in the Balkans, where he was a member of the European Commission Monitoring Mission and spent time as a spokesman for the Organization for Security and Cooperation in Europe. He also did work for the German charity Arbeiter Samariter Bund, his son Willard Foxton said. Source: Huffington Post

Well, I have no sympathy for Mr. Foxton. He took the selfish and easy way out. I do agree that it is virtually impossible for any of the victims to recoup their money, especially those who have already reached retirement age. Still, you cannot tell me that the only alternative Mr. Foxton had was to pull the trigger and end his life. That behavior displayed a selfishness towards the welfare of his wife and the rest of his family. I guess we know who his god was -- the money Bernie Madoff stole from him. Simply shameful.