Best of Long IslandEnter our contests

Madoff’s Belongings On The Block

Ponzi scheme perp's Hamptons house, Rolex among items for sale

By Associated Press on Nov 14th, 2009

Some of the almost 200 items seized from fallen financier Bernard Madoff's homes are shown to the media before being sold at auction, from furs, dishes and stationery to a historic Rolex dubbed "the prisoner's watch" which was made for Allied prisoners during World War II in New York,  Friday, Nov. 13, 2009. (AP Photo/Richard Drew)

Some of the almost 200 items seized from fallen financier Bernard Madoff's homes are shown to the media before being sold at auction, from furs, dishes and stationery to a historic Rolex dubbed "the prisoner's watch" which was made for Allied prisoners during World War II in New York, Friday, Nov. 13, 2009. (AP Photo/Richard Drew)

As Bernard Madoff sits in a North Carolina prison serving a 150-year sentence, remnants of the fallen financier’s once lavish lifestyle are going on the auction block at a Manhattan hotel.

Around 200 items — ranging from a half-used sticky pad to expensive jewelry — are being auctioned off Saturday in the grand ballroom at the Sheraton New York Hotel & Towers.

The items were taken from Madoff’s homes on Manhattan’s Upper East Side, in the Hamptons and in Palm Beach, Fla., which federal authorities seized after he was convicted of defrauding investors.

They include dishes, pens and stationary, boogie boards emblazoned with the 71-year-old’s last name, and a Rolex nicknamed the “Prisoner Watch.”

Proceeds from the auction will be divided among Madoff’s victims.

(Last updated on November 15, 2009 at 8:42 pm) and filed under News. You can follow any responses to this entry through RSS 2.0. You can leave a response or trackback to this entry

Follow Associated Press
  • Share/Bookmark

More articles filed under News

Related articles:

  1. Madoff’s personal belongings up for auction
  2. Madoff’s personal belongings up for auction in NYC
  3. Bernard Madoff’s jacket, watch auctioned in NYC
  4. Spoils of Madoff’s feast go on the auction block
  5. Madoff’s LI Beach Home Sells for More Than $8.75M


Leave a Reply

Recent Comments