Items that Madoffs owned will be auctioned

Posted Monday, Nov. 09, 2009 Comments   (0) Print Share Share Reprints
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Items that Madoffs owned will be auctioned

NEW YORK — Of all the items set to go on the auction block this week at a midtown Manhattan hotel, one would take some guts to wear in public: A satin New York Mets baseball jacket emblazoned with the name "Madoff." The jacket — valued at $500 to $700 — is among hundreds of pieces of jewelry, clothing and other personal effects once owned by disgraced financier and vanquished Mets fan Bernard Madoff and his wife, Ruth. Madoff, 71, was sentenced in June to 150 years in prison for orchestrating a massive Ponzi scheme. The property will be sold to raise money for his victims. Gaston & Sheehan Auctioneers will hold the auction Saturday. — The Associated Press

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