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Madoff's Mets Tix Sell for $7,500 on eBay

600% profit on seats to home opener will help repay victims

By Rob Quinn, Newser Staff

Posted Apr 13, 2009 5:14 AM CDT

(Newser) – A Bernard Madoff investment has finally made an honest profit, the New York Daily News reports. The Ponzi kingpin's pair of tickets for the New York Mets home opener tonight, face value $525 each, sold for $7,500 after a fierce eBay bidding war. Along with revenue from the sale of the rest of Madoff's season tickets, the money will go toward compensating victims of his investment scam.

Bernie Madoff's tickets for the New York Mets home opener sell for $7,500 on eBay. (eBay)

Accused $50 billion Ponzi scheme swindler Bernard Madoff exits federal court March 10, 2009 in New York City. (Getty Images)

Bernard Madoff returns to his Manhattan apartment after making a court appearance Wednesday, Dec. 17, 2008 in New York. (AP Photo/Jason DeCrow)

In this Jan. 14, 2009 file photo Bernard Madoff, confessed Ponzi mastermind and lifelong Mets fan, arrives at court in New York. (AP Photo/Stuart Ramson)

Bernard Madoff could be sentenced to 150 years in jail this June, making it unlikely he'll ever taste freedom, or a baseball game hot dog, again. (AP Photo/Seth Wenig)

Bernard Madoff's tickets for the Mets' season opener at Citi Field have sold for $7,500. (AP Photo/Frank Franklin II)

This image, provided by New York Magazine, shows the front cover of the magazine's March 2, 2009 edition. (AP Photo/Illustration by Darrow for New York Magazine)

In this March 12, 2009 file photo, Bernard Madoff arrives at Manhattan federal court in New York. (AP Photo/ Louis Lanzano, file)

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SEC Not Firing Anyone for Missing Madoff's Scheme

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(NEWSER) - The New York Mets' owners may have to return some of $300 million in profits they made dealing with Bernie Madoff, but their $700 million principal is probably safe. A judge has decided that for trustee Irving Picard to pursue the Mets owners' principal investment, he must prove that they were "willfully blind" to the fraudulent nature of Madoff's enterprise, the Wall Street Journal reports. The ruling could make it harder for Picard to win back large sums from others. More»

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Madoff's Mets Tix Sell for $7,500 on eBay

600% profit on seats to home opener will help repay victims

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SEC Not Firing Anyone for Missing Madoff's Scheme

Eight employees got disciplined, however

Bernie and I Attempted Suicide: Ruth Madoff

She says she and Bernie tried to kill themselves after story broke

Mets' Owners Won't Lose All Their Madoff Money

Judge gives partial victory to both sides in lawsuit

'Amish Bernie Madoff' Busted

Ohio man accused of running $16.8m Ponzi scheme

Madoff: I'm a 'Human Piñata'

Thinks he doesn't deserve to die in prison

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Madoff's Mets Tix Sell for $7,500 on eBay

600% profit on seats to home opener will help repay victims

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OTHER STORIES ON OUR RADAR

eBay • New York Mets • Ponzi scheme • baseball • tickets • Bernard Madoff

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

SEC Not Firing Anyone for Missing Madoff's Scheme

Eight employees got disciplined, however

Bernie and I Attempted Suicide: Ruth Madoff

She says she and Bernie tried to kill themselves after story broke

Mets' Owners Won't Lose All Their Madoff Money

Judge gives partial victory to both sides in lawsuit

'Amish Bernie Madoff' Busted

Ohio man accused of running $16.8m Ponzi scheme

Madoff: I'm a 'Human Piñata'

Thinks he doesn't deserve to die in prison

About Us

Site

Newser By Users

Community

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Tools

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What is Newser?