Filed under: Yachts & Sailing
Bernard Madoff's French yacht joins the long list of his seized property. The London Times reports that French authorities on the French Riviera chained up the propellers on the "Bull." Madoff's Florida yacht also named the Bull was hauled off last week. The 88-foot yacht was moored in the harbor in Cap d'Antibes near Nice, France. The yacht, built by Italian company Leopard, has accomodations for six guests. It can hit speeds of up to 40 knots and is worth $7 million. Madoff and his wife Ruth also own a villa in Cap d'Antibes, which is, like just about everything else in their ample holdings, registered in Mrs Madoff's name.