BREAKING NEWS

Feds seize Madoff's $7 million Manhattan penthouse, wife leaves

By AP, JPOST.COM STAFF

JULY 3, 2009 04:47

Federal marshals seized a $7 million Manhattan penthouse belonging to disgraced financier Bernard Madoff on Thursday and forced his wife to move out and leave her possessions behind. The financier's wife, Ruth Madoff, first argued with marshals who came to the apartment and asked to stay, then asked if she could take a fur coat with her, a federal official informed of Madoff's departure told The AP. The official wasn't authorized to discuss details of her encounter with marshals and spoke on condition of anonymity. The official said Ruth Madoff walked out of the apartment carrying just a straw bag after she was told she couldn't take her coat, the official said Proceeds from a sale of the property and its contents could be used to help reimburse those who lost billions of dollars investing with Madoff before he confessed to running a Ponzi scheme.

Police arrest east Jerusalem resident

By JERUSALEM POST STAFF

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Russia warns the West it feels obliged to boost its nuclear deterrent

By REUTERS

05/09/2024 11:44 AM

Ireland and Spain could recognize Palestinian state on May 21

By REUTERS

05/09/2024 10:41 AM

Yemen's Houthis say they targeted ships in Gulf of Aden, Indian Ocean

By REUTERS

05/09/2024 09:36 AM