November 11, 2009

Madoff Items Auctioned for Victims

A charity auction took us one step closer to justice in the Bernie Madoff case this week, with some valuable Madoff items auctioned to raise money for the victims of his financial schemes.

Bernie Madoff's financial investment scams victimized hundreds of people hoping to make money on Wall Street, before he was finally exposed. Now some of his victims hope to gain a bit of their money back as Madoff's belongings are auctioned off. Madoff's 3 yachts will be auctioned, along with one that belonged to an associate in his financial dealings.

Madoff Items Auctioned for Victims
usa today

In the continuing effort to raise money for victims of Madoff's Ponzi scheme, an auction of jewelry and other items formerly owned by the disgraced financier or his relatives is scheduled to be held in New York City on Saturday.Three former Madoff yachts are to be sold in a separate auction next week in Florida.

Madoff Items Auctioned for Victims

Posted at November 11, 2009 6:15 PM

Post a comment

Remember Me?

(you may use HTML tags for style)