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
Madoff's Stuff Up for Sale
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)

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.
(More auction stories.)

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