Bernie Madoff, Ponzi scheme mastermind, died in prison at 82 two weeks ago.
| In late 2010, two years after he was first arrested for an $ 18 billion Ponzi scheme, Madoff possessions hit the auction market. Thousands of belongings from his New York City penthouse, including his used shoes, went on the auction block. | |
Bernard Madoff owned 250 pairs of shoes. | | |
| A bidder paid $55OK, for a 10.5-carat diamond engagement ring that belonged to Madoff's wife, Ruth. Ruth Madoff's French diamond earrings fetched the next highest price. They went for $135,000.
A guitar signed by Bruce Springsteen was part of the sale.Platinum Brooch |
|
| The man who became a symbol of greed and deceit on Wall Street had a lavish collection of watches. One of his vintage steel Rolex "Moon Phase" watches sold for $68k. The watch was part of Madoff's 40-plus watch collection that also included 16 other Rolexes. U.S. marshals seized everything in the Madoffs' Manhattan apartment and Long Island beach house. | Worn socks, new monogrammed boxer shorts, even the used Italian velveteen slippers bearing the initials "BLM" in gold embroidery were seized.
|
| Madoff's fleet were stars. A 55-foot Rybovich yacht named Bull fetched $700k. Madoff's 38-foot Shelter Island sport runabout, named Sitting Bull, went for $320k. The 24-foot Maverick center console dubbed Little Bull made $21,000. A black 1999 Mercedes-Benz CLK 320 convertible that belonged to Madoff's wife, Ruth, went for $30k. | |
| Madoff's 4,000-square-foot duplex Manhattan penthouse sold for $8m, a 8,750-square-foot home in Palm Beach $7.4m, and Madoff's Montauk beach home sold for $9.4m. | |
| Morrell Wine Auctions auctioned off 262 bottles of wine and liquor that had been seized by federal authorities from Madoff's mansion in Palm Beach. The collection sold for over $41,500.
Five former employees were found guilty of conspiracy March 24 2014. A jury ruled they had for years helped conceal his massive Ponzi scheme.
| |
| Annette Bongiorno worked for Madoff for 40 years as his secretary and at one point had as much as $50m in her accounts. Bongiorno, 65, had multi-million dollar homes in Long Island and Florida and drove a Mercedes worth $100k. | |
No comments:
Post a Comment