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Odd News

Recession Pain, Even in Palm Beach

Apr. 11, 2009
The downturn, combined with the Bernie Madoff fraud, has reduced wealth in Palm Beach, adding to below-the-surface tensions in the town.
Related Stories from UPI.com

Lawsuit: Madoff stole $20k trust fund gift

NEW YORK, March 27 (UPI) -- Jailed investor Bernie Madoff gave a $20,000 gift to the grandson of a close friend but later took $460,000 from the child's trust fund, court papers show.

Madoff mansion said protected from seizure

PALM BEACH, Fla., March 17 (UPI) -- A homestead exemption granted to Ruth Madoff on her Palm Beach, Fla., mansion may make it harder for U.S. officials to seize the home, experts say.
Madoff attempts to sequester wife's assets

Madoff attempts to sequester wife's assets

NEW YORK, March 3 (UPI) -- Defense lawyers for accused trader Bernard Madoff said assets belonging to the New York trader's wife are not related to Madoff's alleged fraud.

Vandals TP Madoff's Florida mansion

PALM BEACH, Fla., Jan. 26 (UPI) -- Teenagers claim they swathed Bernard Madoff's Florida mansion in toilet paper in retaliation for losing their trust funds in his alleged Ponzi scheme.

Thieves return alleged swindler's statue

PALM BEACH, Fla., Jan. 1 (UPI) -- Palm Beach, Fla., thieves have returned a $10,000 statue to accused multibillion-dollar swindler Bernard Madoff with an admonition to go straight, police said.

Statue stolen from Madoff's Fla. estate

PALM BEACH, Fla., Dec. 29 (UPI) -- Thieves have made off with a $10,000 statue from the Florida estate of arrested Wall Street investor Bernard Madoff, a police report said.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler