PhotoBlog - madoff

Jun

2011

2:26pm, EDT

Bernard Madoff's possessions auctioned off in Florida

Joe Raedle / Getty Images

A person looks at some of the items from Bernard L. Madoff's estate that will be auctioned off on Saturday at the Miami Beach Convention Center on June 2, 2011 in Miami Beach, Florida. The auction held by the U.S. Marshals Service are items seized from Madoff's Palm Beach home after he was charged with his $65 billion Ponzi scheme. Madoff is serving a 150 year federal prison sentence.

Joe Raedle / Getty Images

Shoes from Bernard L. Madoff's estate are seen on display.

Joe Raedle / Getty Images

A statue from Bernard L. Madoff's estate is seen before it is auctioned off.

Joe Raedle / Getty Images

People look at some of the items from Bernard L. Madoff's estate that will be auctioned off.

Here's the full story about the auction, and here are the Wikipedia articles on Madoff and Ponzi scheme.

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Unlike last year’s auction of ill-gotten goods, comprised mostly of jewelry and other high-end objects owned by Madoff and his wife, Ruth, an auction this weekend will feature everyday pieces such as frying pans, wicker baskets, patio furniture, and unmentionables including Ruth Madoff's Prada panty hose and Bernie's designer boxers.

Read the full story and see some of the items up for auction from here.