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Madoff's Stuff Up for Sale

Feds hope to score $500K off jailed fraudster's possessions

By Rob Quinn,  Newser Staff

Posted Nov 10, 2009 6:50 AM CST

(Newser) – Anybody who wants a piece of Bernie Madoff will be able to choose from hundreds of the shamed Ponzi kingpin's possessions at an auction this weekend. Items on the block will include jewelry, furs, and, for the brave buyer, a New York Mets jacket with "Madoff" emblazoned on the back. Proceeds from the sale will go to benefit victims of Madoff's scam.

"There's huge interest" in the Madoff items seized from his homes in New York and Palm Beach, a US Marshals spokesman tells the Wall Street Journal. "I've been getting calls from duck-decoy aficionados. People are interested in his fishing rods and his sports memorabilia." Madoff's three boats will go on sale in a separate auction next week.

Antique fishing rods with tags showing they will be sold at auction hang on the wall of Bernard Madoff's study in his Palm Beach, Fla. home.
Antique fishing rods with tags showing they will be sold at auction hang on the wall of Bernard Madoff's study in his Palm Beach, Fla. home.   (AP Photo/J Pat Carter)
Antique golf clubs to be sold at auction sit in a rack in Bernard Madoff's Palm Beach, Fla. home.
Antique golf clubs to be sold at auction sit in a rack in Bernard Madoff's Palm Beach, Fla. home.   (AP Photo/J Pat Carter)
Everything in Bernard Madoff's study in his Palm Beach, Fla. home, is tagged for auction after the house was seized by the US government.
Everything in Bernard Madoff's study in his Palm Beach, Fla. home, is tagged for auction after the house was seized by the US government.   (AP Photo/J Pat Carter)
This Mets jackets is among the Madoff possessions being sold off this weekend.
This Mets jackets is among the Madoff possessions being sold off this weekend.   (Gaston & Sheehan Auctioneers)
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COMMENTS
Showing 2 of 2 comments
plstyle
Nov 10, 2009 4:47 AM CST
What, like, "I invested with Maddoff and all i got was this stupid t-shirt" (In this case Jacket)?
cognitivefilter
Nov 10, 2009 4:01 AM CST
shouldn't his things go to the people he stole from
 

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