Catherine Hooper

Catherine Hooper is an American entrepreneur who was engaged to the late Andrew Madoff.[1]

Catherine Hooper
Born1975 (age 4546)
New York, U.S:
OccupationEntrepreneur
Partner(s)Andrew Madoff

Biography

Hooper was raised in upstate New York.[2] She was working in a store that sold high-end fishing equipment when she met Madoff.[1]

Hooper moved in with Madoff in late 2008, shortly before Madoff's father, Bernie Madoff, confessed he had been running a massive Ponzi scheme.[3]

In 2011 publisher Little, Brown & Company teased that their fall release schedule included a book that chronicled "the inside story of life with one of the most controversial figures of our time."[3] After a leak seemed to reveal Hooper and Laurie Sandell were the book's co-authors, publishing insiders speculated the book was about Bernie Madoff. When "Truth and Consequences: Life Inside the Madoff Family" was published Sandell was the sole credited author.

Madoff helped Hooper set up Black Umbrella, an organization that helped people plan for disasters.[4]

Madoff had been struck by cancer, in 2003, but had been in remission.[4] He began cancer treatment again, after he had a relapse in 2011. He had a stem cell transplant in mid 2014, and his recovery seemed promising, until he died of sudden complications in September 2014.

Madoff's estate was nominally worth $16 million.[5] He had tried to set up a trust fund which was to have paid Hooper $50,000 a month. But Irving Picard, the bankruptcy trustee fighting to recover assets for Bernie Madoff's swindled clients, tied up his funds. Hooper said that when Madoff died she had promptly downsized to a 500 square feet (46 m2) apartment, where she and her daughter shared a set of bunk-beds.

Hooper was played by Lily Rabe in the movie The Wizard of Lies.[6]

References

  1. Jerry Oppenheimer (2009). "Madoff with the Money". John Wiley & Sons. p. 197, 199-200. ISBN 978-0-470-50498-7. Archived from the original on October 18, 2020. Retrieved October 18, 2020.
  2. Laurie Sandell (December 5, 2011). "Loving a Madoff". Marie Claire magazine. Archived from the original on May 30, 2017. Retrieved October 18, 2020. Because of Andrew's legal issues, the business is entirely in Catherine's name. 'I trust her with my life,' he says. 'I have to.'
  3. Julie Bosman (July 27, 2011). "A Publisher Plays Coy With Book Release". The New York Times. p. C1. Archived from the original on October 17, 2014. Retrieved October 18, 2020. In its e-mail the publisher promised a 'massive media rollout' with a confirmed '60 Minutes' appearance. Bookstores were instructed to comply with a highly orchestrated release on Nov 14, with no sales permitted until then, an embargo arrangement typically reserved for splashy debuts of political memoirs or Bob Woodward books.
  4. Diana B. Henriques (September 3, 2014). "Andrew Madoff, Who Told of His Father's Swindle, Dies at 48". The New York Times. p. B19. Archived from the original on October 8, 2019. Retrieved October 16, 2020. But unlike his brother, Andrew refused to cringe from the spotlight or hide from critics. He helped his fiancée, Catherine Hooper, build a consulting firm to advise others on dealing with life-shattering developments.
  5. Carmen Ribecca (August 23, 2017). "Where are the Madoff sons' wives today?". The List. Archived from the original on June 23, 2018. Retrieved October 16, 2020. Mark's ex-wife, Susan Elkin, was sued for $2.4 million, his widow, Stephanie Mack, for $27.5 million, and Andrew's ex-wife, Deborah Madoff, for $27.7 million.
  6. Nellie Andreeva (September 11, 2015). "Lily Rabe Joins HBO's Bernie Madoff Movie 'The Wizard Of Lies'". Deadline magazine. Retrieved September 23, 2015.
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