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Madoff's Victims To Get $534+ Million in Payments
The latest in the Bernie Madoff saga is actually a bit of good news for his myriad victims. Reuters reports that they will receive more than $534 million in payouts, according to court-appointed trustee Irving Picard, who is trying to recover ...
Madoff's Beach House Sells for More Than Asking Price
Another tiny dent soon will been made in the repayment of the funds owed to those duped by Bernie Madoff. His 3,000-square-foot Montauk, N.Y., beach house sold this week in an all-cash deal for more than the $8.75 million asking price. Neither the ...
Remaining Madoff Homes Already Discounted
Bernie Madoff's last home may have sold strong, but it looks like the momentum is fading. His home in the Hamptons beat the listing price and ultimately moved for more than $9.4 million. Unfortunately for his victims, interest in his Manhattan ...
Madoff Bull to Flow at Marshals Auction
The latest "Bull" from Bernie Madoff is about to be unloaded. His yacht, which bears that name, will join two others under the gavel, and the action before the sale is already impressive. So far, 29 people have thrown down the $100,000 deposit ...
Bernie Madoff's Penthouse Hits The Market
We've been talking about it for months but the listing for Bernie Madoff's New York City penthouse has finally gone up. The duplex penthouse with an elliptical staircase, living room with triple digg_url = ...
Ruth Madoff Finally Evicted
It's official, Ruth Madoff has been evicted from the Manhattan penthouse she shared with her husband, Ponzi schemer Bernard Madoff. Bernard Madoff spent most of this year in the home under house arrest but now that he's been shipped off for 150 ...
Madoff's Mets Seats To Be Sold
Mets fans with deep pockets could soon get their hands on the seats at Citi Field belonging to Bernard Madoff's company. The prime season ticket seats are just behind home plate and will probably be sold by the trustee for Bernard L. Madoff ...
Madoff Yachts To Be Auctioned Off
National Liquidators has announced an auction date for three vessels previously owned by Bernard Madoff. On Tuesday, November 17, 2009 at 4:00 pm at National Liquidators` headquarters in Fort Lauderdale, three Madoff yachts will be up for sale. The ...
Madoff's Debts Still Snowballing - Enter the Legal Fees
According to Reuters, today, "Bernard Madoff's bankruptcy trustee and the law firm employing him submitted a $22.1 million legal bill covering five months of work."
Baker & Hostetler LLP wants $21.28 million, and court-appointed trustee ...
Bernie Madoff's Personal Effects Up For Auction
We've seen the houses and yachts go up for sale, now some of the smaller Madoff effects are ready to hit the auction block in an upcoming U.S. Marshals sale. Many of Madoff's pieces including his Rolex watches and a satin New York Mets jacket with ...
Madoff's Yacht Up For Sale
Bernie Madoff's houses haven't hit the market yet but they will soon. Meanwhile another of his luxury possessions, his 90-foot yacht in Antibes, France has been put up for sale. Yacht broker Wyles Hardy has been given the listing. The yacht was ...
It's Bye Bye Bulls For Madoff
It was no April Fool's joke for Bernie Madoff. On Wednesday Bernard Madoff's 55-foot yacht "Bull" which is docked at a marina in Fort Lauderdale, Florida, was boarded and confiscated by U.S. marshalls. Madoff is currently in jail pending sentencing ...
A New Answer For Madoff Frustration
Angry at Bernie Madoff ? Get in line, and what a long line it is composed not just of those who have lost money or seen their friends lose money but who have watched various nonprofits be brought to their knees. Sensing just how many are mad at ...
