September 16, 2014
NEW YORK (AP) - As Bernard Madoff sits in a North Carolina prison serving a 150-year sentence, remnants of the fallen financier's once lavish lifestyle are going on the auction block at
a Manhattan hotel.
Around 200 items - ranging from a half-used sticky pad to expensive jewelry - are being auctioned off Saturday in the grand ballroom at the Sheraton New York Hotel & Towers.
The items were taken from Madoff's homes on Manhattan's Upper East Side, in the Hamptons and in Palm Beach, Fla., which federal authorities seized after he was convicted of defrauding investors.
They include dishes, pens and stationery, boogie boards emblazoned with the 71-year-old's last name, and a Rolex nicknamed the "Prisoner Watch."
Proceeds from the auction will be divided among Madoff's victims.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.