Madoff Wants Wife to Keep Millions in Assets, Including Apt.

Fraudulent investor Bernard Madoff thinks that even though he lost his clients' money in a multi-billion dollar Ponzi scheme, his wife should keep some spoils! Well, Madoff's lawyers claim that the money, which includes bonds, cash and the couple's $7 million apartment on East 64th Street, is "unrelated to the alleged Madoff fraud" and simply belong to Ruth Madoff.

Ruth Madoff, who hasn't been charged with any crime, is footing her husband's bail so he can remain in their fancy penthouse (floorplan) during house arrest. However, there is some suspicion that Madoff had help keeping his (fake) books and there are questions about why she withdrew $15 million before her husband's confession. Gregory Moore, who lives across East 64th Street from the Madoffs, tells us that the other week, he spied Ruth Madoff at a local newsstand, faxing some papers (the Madoffs' apartment has no Internet or fax access and phone calls are monitored)—she also bought a copy of the Post!

Speaking of, one duped investor gave the NY Post a piece of her mind. Hillda Hausner, 91, who lost $900,000 and put her Queens home on the market, said, "I'm angry, outraged. Really, I mean it gets more ludicrous every minute... Well, where did she get the money from? I guess I gave it to her, and thousands of other people."

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By Jen Chung in News on March 3, 2009 10:57 AM

Comments [rss]

Snoopy

If I lost a billion dollars with this fool, I would definitely hire a professional assassin for a mill, two mil and take him out. Big deal he has cops around him. A pro would take them out also without batting an eyelash. In fact for an extra mil he would take out the building also.

No checks, no credit cards, cash only.

russ

Normally,I'd never be happy to hear of someones demise, but if something horrible should happen to Madoff, I'd do a happy dance.

Spirit of 76

He'd better spend a lot of what money he has left on a willing food taster.

PKinNYC

what a piece of s%$*...both of them...

Guest

This guy is the epitome of sociopath. Lock him up in a mental ward for life. That way, he'll never get to see his precious money or apartment ever again. And redistribute ALL of his money to the people he fucked over. As for his wife, I'm sure she'll find newer moneybags to suck on.

Steven

unbelievable. disgusting. How long is the government planning to keep on house arrest??? Why isn't Madoff in jail with NO bail? Why doesn't the government SELL ALL HIS assents leaving him with ZERO.

Oh wait, I should know. Madoff is rich so he is "special".

Snoopy

“Behind every man who achieves success, Stands a mother, a wife and the IRS”

fakenewyorker

somebody build a guillotine fast.

NannyState

How touching that he wants his wife to maintain her lavish lifestyle in his absence. Maybe the bankruptcy judge can appoint a decorator to redo the kitchen "for one", and freshen up the rooms -sans 'bull artwork'. And the den simply has to go: "Ruth always loved the movies".