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Feds Seize Madoff's Boats

Yacht, motorboat part of his $823M fortune

By Ambreen Ali,  Newser User

Posted Apr 1, 2009 12:41 PM CDT

(Newser) – US Marshals seized two boats belonging to jailed schemer Bernie Madoff today, the AP reports. The vessels—a 55-foot yacht and a 24-foot motorboat that were docked at separate Florida marinas—were part of the $823 million in assets Madoff and his wife had accumulated...   Read full story »

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