Bernard Madoff Auction More than 400 Pieces for Sale

Bernard Madoff stole so much money in his Wall Street financial scams, that it will take years and years for him to even begin paying it all back. And yet another federal auction is chipping away at his debt to society this week, with more than 400 pieces up for sale.

Madoff pulled of one of the worst investment scams in history, bilking investors out of billions of dollars. See below for details.

Bernard Madoff Auction More than 400 Pieces for Sale
usatoday

Bidders at a federal auction next month will have a chance to walk in the figurative footsteps of convicted Ponzi schemer Bernard Madoff. A size 81/2 pair of black, velveteen slippers, with red quilted lining and Madoff's initials embroidered in gold thread, is scheduled to be among more than 400 pieces for sale during the latest in a series of auctions aimed at compensating the thousands of victims of Madoff's multibillion-dollar scam. Other items going on the block during the Nov. 13 auction at the Sheraton New York Hotel & Towers include a Steinway & Sons grand piano and bench, a woman's engagement ring featuring a 10.54-carat emerald-cut diamond and an antique wooden desk.

Bernard Madoff Auction More than 400 Pieces for Sale