Jump to Main ContentJump to Primary Navigation

Fraudster Madoff's diamonds, rolex auctioned

    Bernard Madoff is serving an 150 year jail sentence
    Bernard Madoff is serving an 150 year jail sentence

    The worldly possessions of disgraced fraudster Bernard Madoff have been auctioned in New York for hundreds of thousand of pounds.

    One bidder paid £342,000 for the engagement ring Madoff bought for his wife Ruth, while another buyer bought his vintage Rolex for £42,000.

    More than 400 items were up for auction, including his monogrammed boxer shorts, slippers and socks, as well as Ruth Madoff’s diamond earrings and a broken leather foot stall which went for £2,000.

    An 81-year-old amateur pianist paid £26,000 for a 1917 Steinway grand piano. He said the purchase was worth it because it would “make an interesting conversation piece”.

    The items were seized by US marshals when Madoff was arrested in 2008.

    Madoff is serving a 150 year prison sentence for a multi-million dollar Ponzi scheme in which he cheated charities, celebrities and long-time investors. More than 13,000 people lost money through the collapse of his firm Madoff Securities.

    Victims of the fraud included Holocaust survivor and Nobel Laureate Elie Wiesel and director Steven Spielberg.

World

Trump to crackdown on Iran and its "terrorist minions", says Pence

JC Reporter

Sunday, February 26, 2017

Trump to crackdown on Iran and its "terrorist minions", says Pence
World

It's Chanucah Song time!

Michael Moran

Thursday, December 1, 2016

It's Chanucah Song time!
World

Trump picks ex-Goldman Sachs banker as Treasury...

JC Reporter

Thursday, December 1, 2016

Trump picks ex-Goldman Sachs banker as Treasury...
World

Netanyahu invited to meet Abbas in Paris

Rosa Doherty

Wednesday, December 7, 2016

Netanyahu invited to meet Abbas in Paris
World

Will the Austrian election make Norbert Hofer E...

Sonia Zhuravlyova

Will the Austrian election make Norbert Hofer E...
World

'Neo-Nazi codes' appear in German supermarket a...

Toby Axelrod

Thursday, December 1, 2016

'Neo-Nazi codes' appear in German supermarket a...
World

'Jews should pay for their own security' say Swiss

Daniel Sugarman

Sunday, December 4, 2016

'Jews should pay for their own security' say Swiss
World

Australian abuse report

Henry Benjamin

Australian abuse report
World

Fire-ravaged Israelis ‘may no longer be married...

Michael Moran

Thursday, December 1, 2016

Fire-ravaged Israelis ‘may no longer be married...