US Marshals Seize Madoff Penthouse Property

By: Associated Press Email
By: Associated Press Email

NEW YORK (AP) - The U.S. Marshals Service has taken possession
of the $7 million Manhattan penthouse where financier Bernard Madoff and his wife lived.

U.S. Marshal Joseph Guccione said Thursday that the marshals were at the property pursuant to a court order.

Madoff was sentenced Monday to 150 years in prison for a fraud that cost thousands of investors billions of dollars.

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