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Boats seized in Madoff scandal sell for $2 million
Nov 17th, 2009 - Reuters
* Madoff boats bring more than $1 million at auction * DiPascali's yacht draws highest price, $950,000 * Proceeds to benefit victims of Madoff Ponzi scheme MIAMI, Nov 17 (Reuters) - Four boats seized by U.
Madoff's yacht, 2 smaller boats up for auction
Nov 16th, 2009 - MSNBC
FORT LAUDERDALE, Florida - A vintage 55-foot (16.7-meter) yacht named "Bull" and two smaller boats that once belonged to imprisoned financier Bernard Madoff are headed for the auction block...Bidding Up Madoff's Stuff
Nov 15th, 2009 - Wall Street Journal
Even from behind bars, Bernard Madoff can bring in the cash. Saturday's government auction of items seized from Bernard and Ruth Madoff's New York residences, expected to bring in $500,000, brought in more than $1 million...
Bernard Madoff auction raises $900000
Nov 15th, 2009 - guardian.co.uk
Valuation has always been an elastic concept in anything touching Bernard Madoff. But even the notorious Wall Street fraudster might have balked at the lofty prices paid for his personal belongings by souvenir hunters.Madoff items net $1 million
Nov 15th, 2009 - Dispatch
NEW YORK -- Items once belonging to Wall Street swindler Bernard Madoff and his wife have been sold in New York City for a total of about $1 million, twice as much as auctioneers had hoped for. Alan Richardson...
Bernard Madoff videos from YouTube:
8:25Bernard Madoff on 20/20 Part 1
Bernard Madoff on 20/20 Part 1
6:25Bernard Madoff $50bn Ponzi Scheme - How Did He Do It?
The whole Madoff story explained clearly. How Bernard Madoff stole 50 billion dollars from investors around the world in the biggest ever Ponzi Scheme. Info put together from several news sources across the internet.
2:11US Financier Bernard Madoff Admits 50 Billion Dollar Fraud
video.news.sky.com Investors in Britain are being hit by the fallout from a massive financial scandal in the United States. Bernard Madoff, a former chairman of the Nasdaq stockmarket, admitted ...
3:38Roundtable Discussion With Bernard Madoff
October 20, 2007
Bernard Madoff from WikiPedia:
Bernard Lawrence "Bernie" Madoff (pronounced /?me?d?f/; born April 29, 1938) is an American convict, who was a financier, and Chairman of the NASDAQ stock exchange. He is the admitted operator of the Ponzi scheme that might be "the largest investment fraud in Wall Street history".
In March 2009, Madoff pled guilty to 11 felonies and admitted to turning his wealth management business into a massive Ponzi scheme that defrauded thousands of investors of billions of dollars. Madoff said he began the Ponzi scheme in the early 1990s. However, federal investigators believe the fraud began as early as the 1980s, and the investment operation may never have been legitimate. The amount missing from client accounts, including fabricated gains, was almost $65 billion. The court appointed trustee estimated actual losses to investors of $18 billion. On June 29, 2009, he was sentenced to 150 years in prison, the maximum allowed.
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