Bernard Madoff auction nets $400K for underwear, photos, other goods
June 5, 2011 - 11:18 am
MIAMI (AP) — Thousands of buyers vied for items that once belonged to convicted swindler Bernard Madoff, with 14 pairs of underwear going for $200 and a photograph of a naked rear end selling for $4,600.
The Miami Herald reports the U.S. Marshals Service held the auction Saturday in Miami Beach. Some bidders, like Mike Burd of Long Island, planned to resell the goods for profit on eBay. Others, like North Miami online retailer Rich Kroll, simply wanted a piece of history.
The mostly household goods brought in more than $400,000, which will go toward compensating victims of Madoff's $65 billion Ponzi scheme. Madoff pleaded guilty and is serving a 150-year prison sentence.
Short URL:
http://wj.la/lqDBNK
RecommendedRecent Facebook Activity
Only On 7
-
ABC7's Interactive 7-day Forecast!
Now you can get customized weather right down to your street! Plan your day and week ahead with ABC7's Interactive 7-day forecast!
TBD Blogs What you need to read
-
@TBD Arts
Kennedy Center to give away tickets to every show of the 2011-2012 season
-
The Market Report
A sneak peek at the new Foggy Bottom Whole Foods
-
@TBD On Foot
Obnoxious Metro station encounters, Dupont Circle edition
Best of TBD In case you missed it
-
The worst meals in America
Here's a visual look at the eight most delicious, disgusting meals in the country.

No comments