July 5, 2009

Marshals Seize Madoff’s $7 Million Penthouse

If it was up to me, Marshals would seize Bernie Madoff's teeth.

Marshals Seize Madoff’s $7 Million Penthouse

Federal marshals seized disgraced financier Bernard Madoff’s $7 million Manhattan penthouse on Thursday in a move that forced his wife to move elsewhere.

A federal official informed of Ruth Madoff’s departure from her apartment Thursday tells The Associated Press that when marshals said she couldn’t take her fur coat, she left carrying just a straw bag.The official wasn’t authorized to discuss the details of Ruth Madoff’s departure and spoke on condition of anonymity.

Proceeds from a sale of the property and its contents could be used to help reimburse those who lost billions of dollars investing with Madoff before he confessed to running a Ponzi scheme. U.S. Marshal Joseph Guccione said the marshals arrived at the property at noon with a court order permitting them to take custody of the apartment and to make anyone living there move out.

Marshals Seize Madoff’s $7 Million Penthouse

Posted at July 5, 2009 5:09 PM

hey! thats a good idea she has to get out and now
she goes to jail just like bernie for her not to
know her husband's buisness is like the chicken without the egg

Posted by: richi at July 6, 2009 12:43 AM

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