Danny Pang, California's answer to Bernie Madoff, most likely died last weekend at his own hand, sources close to the police told the Wall Street Journal. The idea of life as a pariah, per Madoff, was apparently too much.
Barbituates and THC were found in his system, according to the Journal; Pang's family insists he had back pain and would not have committed suicide. They also have said he is an honest businessman, despite SEC allegations he ran a ponzi scheme and funneled investors' money into toys like a private jet. Pang is the second rich person reported to have killed himself amid allegations of financial wrongdoing — the second reported this week.