Ex-Hadassah CFO Claims She had Affair with Madoff

Sheryl Weinstein, a former Chief Financial Officer at Hadassah, and whose organization invested $40 million with Madoff”s firm from 1988 to 1997, is claiming that she had an affair with the disgraced financier, Bloomberg news reported.

She makes the claim in her book “Madoff’s Other Secret: Love, Money, Bernie, and Me,” which is set to be published Aug. 25 by St. Martin’s Press.

According to Bloomberg, Weinstein, who spoke at Madoff’s sentencing hearing in June 29, making some of the fiercest condemnations voiced that day, told the judge that she and Madoff met 21 years ago at a business meeting when she was CFO of the Women’s Zionist Organization of America.

“I now view that day as perhaps the unluckiest day of my life because of the many events set into motion that would eventually have the most profound and devastating effect on me, my husband, my child, my parents, my in-laws and all of those who depended on us,” Weinstein said at the New York hearing, according to the report.

Madoff is currently serving a 150-year prison term for masterminding the largest Ponzi scheme in history that cost many people, including Weinstein and her family, their life savings.

In addition to disclosing the affair (Weinstein had denied a romantic relationship to ABC News earlier in the summer), Weinstein’s book will include photographs and intimate descriptions of Madoff, Bloomberg reported, noting that the publisher said the book, which was a fast read and ghostwritten, will run about 220 pages.

According to ABC News, Madoff’s long-time secretary, Eleanor Squillari, recalled that Weinstein would often call Madoff and that “he would roll his eyes and then they would go and meet at a hotel.”

Asked about Squillari’s account in July, Weinstein said she had no recollection of any such meeting. “I have no idea why she would say that,” Weinstein said.

Don’t know if we want all the details there, but the book should be an interesting end-of-summer read. The cover price of the book is $23.99, according to Amazon.com (NASDAQ:AMZN).

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