Skip to content
Link copied to clipboard

Last of Madoff's personal items to be auctioned

MIAMI - More art, artifacts and other items that once belonged to convicted swindler Bernard Madoff are being auctioned in South Florida.

MIAMI - More art, artifacts and other items that once belonged to convicted swindler Bernard Madoff are being auctioned in South Florida.

The auction is set for next Saturday at the Miami Beach Convention Center. The U.S. Marshals Service says the items are the last remaining from Madoff's homes in New York and Palm Beach.

Proceeds will go to compensate victims of Madoff's $65 billion Ponzi scheme. He's serving a 150-year prison sentence.

A Marshals Service spokesman says sales of Madoff assets and property so far have brought in more than $103 million. Much more has been recovered from Madoff investors who made big profits before the scheme imploded.

- Associated Press