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Feds Grab Madoff Mansion

$11M Palm Beach pad will be sold to pay pack Ponzi scheme victims

By Rob Quinn,  Newser Staff

Posted Apr 2, 2009 1:35 AM CDT

(Newser) – Federal authorities seized Bernard Madoff's Florida mansion yesterday shortly after confiscating his two yachts, the New York Daily News reports. US marshals and Palm Beach police took over the five-bedroom $11 million mansion—which is in Ruth Madoff's name—as part of an effort to...   Read full story »

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