This article will answer every question you have about Shana Madoff. Below are some of the frequently asked questions about her.
- What does Shana Madoff do for a living?
- Who are Shana Madoff’s parents and siblings?
- What are Shana Madoff’s interests and hobbies?
- Is Shana Madoff married or does she have a boyfriend?
- Does Shana have any children?
- Where is Shana Madoff now?
- How tall is Madoff?
- How much money does Shana Madoffearn?
- What is Shana Madoff’s net worth?
N/B: Please read the entire post to have all your questions answered.
Who is Shana Madoff?
Shana Madoff ( Shana Diane Madoff) is an American Lawyer but currently working as a yoga teacher. BLMIS was revealed to be a $65 billion Ponzi scam in December 2008, and it was shut down as part of the Bernie Madoff fraud crisis.
However, Bernard Madoff, her uncle, was jailed for 150 years in prison for the scam, while her father, who was her manager at the time and the company’s chief enforcement officer, was sentenced to ten years in prison. However, no criminal charges have ever been brought against her for her possible role in Madoff’s investment scandal. In 2015, the US Marshals auctioned 420 lots of assets belonging to Shana Madoff and her father Peter, under a court order.
After graduating from law school in 1995, Shana was employed in her uncle’s firm, Bernard L. Madoff Investment Securities. She was responsible for rules and compliance and an internal consultant at BLMIS, a prominent senior executive position for which she collected millions of dollars. Shana was responsible for ensuring that BLMIS met its legal and regulatory obligations, by signing documents that guaranteed the SEC that BLMIS business records were true and accurate. In one case, she signed a document to the SEC that BLMIS had 23 clients and $ 17.1 billion under management, when in fact she had 4,900 clients with $ 68 billion in investments.
Madoff also served as head of compliance and attorney for Cohmad Securities, which was owned by her uncle and helped attract investors to BLMIS. Furthermore, She has also held senior positions in investment industry organizations. Shana worked on the Executive Committee of the Legal and Compliance Division of the Securities Industry Association, which merged with another industry organization to become SIFMA, the industry lobbying arm, in November 2006. After that, she became an active member of the Executive Committee of SIFMA’s Legal and Compliance Division, while his father served on the SIFMA board of directors. However, after her uncle was arrested, she resigned from the position
Shana Madoff Age
She was born on December 8, 1967, currently, she is 53 years and in December 2021 she will be turning 54.
She a daughter to Peter Madoff. His father was a financier who ran the world’s largest Ponzi scheme. However, her father was convicted of fraud and jailed for 10 years.
She doesn’t have any siblings
Shana Madoff Education
She attended the University of Michigan where she graduated in 1992. After that, she joined Fordham Law School and graduated in 1995.
Shana Madoff Spouse
She is currently married to Eric Swanson who is a former Assistant Director of the Office of Compliance Investigation and Examination at the US Securities and Exchange Commission. The two lovebirds met back in April 2003 when SEC was conducting an investigation on whether Bernie Madoff was front-running customer orders. The two got married in 2007 after dating for four years.
Madoff was initially married to Scott Skoller, a manager at men’s cloth from Roslyn, New York. Further, she changed her name to Shana Skoller. The two got married in 1997, however, they later divorced.
Shana Madoff Children
Madoff and her first husband welcomed their first daughter by the name of Rebecca, she also has another kid with her current husband.
Her height and body measurements are not available at the moment but we shall update them soon.
Shana Madoff Net Worth
Her net worth is estimated to be around $1-$5 million.