Madoff's luxury penthouse seized

Proceeds from the sale of the property will go toward reimbursing victims

US marshals seized the $7m Manhattan penthouse of imprisoned fraudster Bernard Madoff, forcing his wife Ruth to move elsewhere.

A spokesman for the US Marshals Service said Mrs Madoff was present when agents took possession of the apartment.

On Monday, Madoff was sentenced to 150 years in prison for a massive fraud that robbed investors of $65bn (£40bn).

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