The yachts are gone, and so are the homes in New York, Long Island, and Palm Beach. Most of convicted swindler Bernie Madoff’s possessions have been sold. Some 400 things remain, however, like a 10.54 carat emerald cut diamond ring, a Steinway grand piano, and a pair of monogrammed black velveteen slippers. The U.S. Marshals will sell them next month in New York for the benefit of Madoff’s victims.
All of the stuff was seized as a result of the criminal case against Madoff, and this is the last of what remains. Its sale won’t make much of dent in his victims’ losses, estimated at $15-$20 billion. The auction will take place at the Sheraton New York Hotel on November 12 at 10am.
Read more at The Washington Post.