Although I’m sure that it is of little comfort to his victims who had their lives ruined (and there are quite a few of them here in South Florida), the United States Government has filed a notice of intent to seek the forfeiture of not only Bernard Madoff’s assets, but also the assets of his wife, Ruth. This comes on the heels of his guilty plea least week.
The list of assets to be seized includes:
- Their Co-op located at 133 East 64th Street, Manhattan;
- Their home located at 410 North Lake Way, Palm Beach, Florida;
- One Leopard 23M Sport Yacht known as Bull;
- One 2007 BMW 530i;
- One 1999 Mercedes Benz CLK Class;
- Silverware set owned in the name of Ruth Madoff valued at approximately $65,000;
- Approximately $17,010,000 located at Wachovia Bank in Ruth Madoff’s name; and
- Approximately $45,000,000 in municipal bonds in Ruth Madoff’s name.
For some reason the government’s document listed the tchotchkes first and the tens of millions of dollars last.
The full text of the Government’s Notice of Intent to Seek Forfeiture of Certain Assets is located here.