Advertisement

Madoff's estate going, going, sold

Bernard Madoff arrives at Federal Court where he is expected to plead guilty to securities fraud charges on March 12, 2009 in New York. Victims will also be in court to testify against the disgraced financier who is accused of masterminding a $50 billion Ponzi scheme. UPI File Photo/Monika Graff
Bernard Madoff arrives at Federal Court where he is expected to plead guilty to securities fraud charges on March 12, 2009 in New York. Victims will also be in court to testify against the disgraced financier who is accused of masterminding a $50 billion Ponzi scheme. UPI File Photo/Monika Graff | License Photo

NEW YORK, May 28 (UPI) -- The last chance to bid on convicted Ponzi scam operator Bernard Madoff's property will take place next week, federal authorities said.

The U.S. Marshals Service is auctioning 276 lots of Madoff's personal property, the last of the items up for grabs from the swindler's New York and Palm Beach, Fla., homes, CNN reported Saturday.

Advertisement

The auction, which will be broadcast online, will include the last of Madoff's collection of watches, including an Audemars Piguet with a diamond dial, CNN said.

Madoff is serving a 150-year sentence for running a Ponzi scheme that lost billions of dollars.

The auction will include wine, art work and jewelry.

Some of the wine isn't particularly noteworthy, except that it belonged to Madoff.

"Some of the bottles are better viewed as conversation pieces rather than valued for their contents, but conversation pieces they are," said Morrel Wine Auctions said in a news release.

Latest Headlines

Advertisement

Trending Stories

Advertisement

Follow Us

Advertisement