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Madoff friend in drowning

JEFFRY PICOWER, a Palm Beach millionaire and a lifelong friend of disgraced banker Madoff, was found dead at the bottom of his own pool yesterday.<br /><br />The 67-year-old, who was being sued over $7.2bn (&pound;3.9bn) of alleged bogus profits made from the pyramid scheme of the disgraced financier &ndash; who is serving 150 years in prison &ndash; was found by his wife and a maid.&nbsp; <br /><br />The ex-New York lawyer and accountant, who had been a companion of Madoff for several decades, died in hospital, after being briefly resuscitated at his Florida retreat. <br /><br />The death is being investigated as a drowning, and police will perform a post-mortem exam and toxicology tests.<br /><br />Picower had said he had no knowledge of Madoff&rsquo;s scheme, but was being sued by Irving Picard, a Madoff bankruptcy trustee, who wants to recover lost assets.<br />