Bernard Madoff's Properties seized

Bernard Madoff's Properties seized

Last week Bernard Madoff's New York Upper East Side Manhattan penthouse worth $7million was seized by US marshals.

Bernard Madoff who was the brains of a multi-billion-dollar (€65 million to be exact) investment fraud owned numerous properties stretched from New York City to the French Riviera which totaled a value of $22 million. His $11 million Palm Beach Estate in Florida and his ... and $4million property in Montauk, N.Y have also been seized.

He and his wife Ruth, had somewhere between $823 and $825 million in assets at the end of 2008, according to court documents filed by his lawyer.

Advertisement

Related articles

Woman using mortgage calculator

Mortgage calculator

Ready to start house hunting but need to know how much you'll be paying on your mortgage? Our Irish mortgage repayments calculator will get you the answers you're looking for.

Start now →

Powered by doddl logo