US court orders Madoff to forfeit over $170 billion

By AP, JPOST.COM STAFF
June 27, 2009 06:49

A US court ordered disgraced financier Bernard Madoff to forfeit over $170 billion, prosecutors said Friday. The order forces Madoff to give up his interests in all property, including real estate, investments, cars and boats. Judge Denny Chin entered a preliminary order of forfeiture Friday, according to acting US Attorney Lev Dassin.


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