Madoffs To Divorce, Author Says

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Ruth Madoff will divorce her husband, Ponzi schemer Bernard Madoff, in order to reconcile with her son, a Madoff biographer said.

Ruth Madoff, 70, reportedly has not visited her husband of 52 years in prison since their son Mark, 46, committed suicide last December, according to Diana Henriques, author of "Bernie Madoff: The Wizard of Lies."

Another son, Andrew, reportedly has not had contact with his mother since the suicide, and turned her away from a memorial service for Mark at his home in Greenwich, Conn., the New York Post reported.

The brothers, who turned in their father, broke off contact with their mother after she chose to support her husband during legal proceedings.

Henriques told CBS’ The Early Show that "there are good signs of reconciliation" between mother and son.

Bernard Madoff bilked investors out of approximately $20 billion during his 20-year Ponzi scheme. He is serving a 150-year sentence at the federal prison in Butner, N.C.

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