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Two of Bernie Madoff's homes remain on market

May 28, 2013 at 7:11 AM   |   Comments

May 28 (UPI) -- Two of Bernie Madoff's homes are still on the the market after U.S. Marshals seized the homes and listed them for sale.

According to real estate site Zillow, the earnings from Madoff's properties will be split among his victims. The former stockbroker's houses are collectively worth an estimated $27 million. He reportedly stole $65 billion from his investors.

While Madoff's Montauk, N.Y. home was sold to real estate investor Steven Roth for $9.4 million, two other properties remain on the market.

Madoff's Palm Beach, Fla. and New York, N.Y. properties have been reduced in price to $7.9 million and $8.9 million respectively to facilitate the sale.

Madoff is currently serving a 150 year sentence after pleading guilty to 11 federal felonies.

For more information about the homes visit Zillow.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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