Tuesday, March 03, 2009

Madoff Seeking to Keep $62 Million in Assets

Despite his role in a fraud that may cost his victims in the vicinity of $50 billion, Bernard Madoff is seeking to keep a $7 million Manhattan penthouse and an additional $62 million in investment assets, claiming that those assets are his wife’s and not part of the alleged scandal.  Madoff Seeks to Keep NYC Penthouse, $62 Million in Assets.   Should Madoff and his family be able to keep these assets separate from his victims losses?

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