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Saturday
Oct162010

Madoff's West Palm Beach, Fla. Home Sold

Photo Courtesy - Getty Images(NEW YORK) –- The West Palm Beach, Fla., home once held by jailed ponzi-schemer Bernard Madoff sold for $5.65 million this week, according to the U.S. Marshals.

“This sale marks the final disposition of all the properties related to the Bernard L. Madoff case,” said Roland Ubaldo, Supervisory Deputy U.S. Marshal. “We will continue to dispose of the remaining assets with the goal of receiving maximum gain for the victims of this crime”.

The former financier is serving a 150-year prison term for the $65 billion fraud that devastated his many victims.

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