
NEW YORK, July 2 (UPI) -- Federal marshals seized Ruth Madoff's New York apartment Friday along with the contents of the Manhattan duplex she shared with her swindling husband.
After changing the locks, the five marshals began an inventory of the contents, the New York Daily News reported. The apartment alone, a four-bedroom penthouse on East 64th St., is said to be worth $7 million.
"We are here to officially seize the property," one of the marshals said.
Madoff, 68, agreed last week to forfeit most of her property, keeping $2.5 million.
Bernard Madoff, 71, was sentenced to 150 years in prison Monday.
The News, citing a source in law enforcement, said Ruth Madoff was on the premises when the marshals arrived, quietly surrendered the apartment and left.
Bernard Madoff's Ponzi scheme defrauded investors of billions of dollars. His wife, who worked with him for decades but said she knew nothing of the fraud, had about $70 million in assets in her name, including houses in Palm Beach, Fla., and the Hamptons in New York, as well as two yachts, the newspaper said.
|
|
|
|
|
|
| Additional Top News Stories | |
TACOMA, Wash., Feb. 9 (UPI) --
The mother of Josh Powell, who killed himself and his sons in a fire in Washington state, said in divorce papers he exhibited disturbing behavior as a teenager.
|
MIAMI, Feb. 9 (UPI) --
Ronnie Smith, former trumpet player for the disco/funk group K.C. and the Sunshine Band, has died in a Florida hospital, his family said.
|
ABUJA, Nigeria, Feb. 9 (UPI) --
A Nigerian militant group said a claim that it wasn't responsible for an attack on an oil pipeline is propaganda from state authorities.
|
XINXIANG CITY, China, Feb. 9 (UPI) --
A set of parents in China said they expected a large baby, but they were shocked when their son came out weighing a potentially record-setting 15 1/2 pounds.
|
| Stories | Photos | People | Comments |
View Caption