JPHiP Forum
General => General Discussion => Topic started by: Foxy Brown on November 17, 2010, 05:53:38 AM
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From a pair of monogrammed black velveteen slippers through to a 1917 Steinway piano, a clutch of ill-gotten gains of fallen financier Bernard Madoff and his wife Ruth were auctioned off on Saturday to benefit his victims.
For the clients who lost their shirts investing with the biggest fraudster in history, it was probably little consolation that the contents of the couple's wardrobes were among the thousands of items sold at a New York hotel.
Madoff, 72, is currently serving a 150-year sentence in a federal prison in North Carolina for operating a so-called Ponzi fraudulent investment scheme that robbed customers of between $18 billion and $65 billion. (http://www.telegraph.co.uk/finance/financetopics/bernard-madoff/8131539/Bernard-Madoffs-property-sold-at-auction.html)
(http://img46.imageshack.us/img46/1715/madoffboxer1760053c.jpg)