Madoff auction to include slippers, piano
BERNARD MADOFF
Bernard Madoff, of Manhattan, pleaded guilty to running a giant multibillion-dollar Ponzi scheme and is serving 150 years in a federal prison in North Carolina.
(March 12, 2009) Credit: Getty Images
More than 400 of Bernard Madoff’s possessions are heading for the auction block in New York City.
The items include Madoff’s black velveteen slippers, embroidered
in gold with “BLM,” a Steinway piano and his wife Ruth’s
10.5-carat diamond ring.
The U.S. Marshals Service will be selling the disgraced
financier’s personal items on Nov. 13 at the Sheraton New York
Hotel & Towers. They are the last items taken from Madoff’s
Manhattan and Montauk, Long Island, homes.
The agency seized his property and assets after Madoff’s massive
Ponzi scheme was exposed. All proceeds will benefit Madoff’s
wronged investors.
Last year, an auction of hundreds of other Madoff items brought
$1 million.
Madoff is serving 150 years in prison for ripping off thousands
of investors for billions of dollars.
Out East with Doug Geed: Wine harvests, a fish market, baked treats and poinsettias NewsdayTV's Doug Geed visits two wineries and a fish market, and then it's time for holiday cheer, with a visit to a bakery and poinsettia greenhouses.
Out East with Doug Geed: Wine harvests, a fish market, baked treats and poinsettias NewsdayTV's Doug Geed visits two wineries and a fish market, and then it's time for holiday cheer, with a visit to a bakery and poinsettia greenhouses.
