Friday 9 December 2016

Madoff's fine wine is up for grabs

Published 17/05/2011 | 11:18

The wine collection is being auctioned off to help pay Bernard Madoff's fraud debts
The wine collection is being auctioned off to help pay Bernard Madoff's fraud debts

Crooked financier Bernard Madoff's exclusive wine cellar is to be sold off to help pay his massive fraud debts.

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US Marshals in New York announced that Madoff's wine and spirit collection will be auctioned online.

Madoff is serving a 150-year prison sentence for masterminding a multibillion-dollar Ponzi scheme that robbed hundreds of victims around the world of their investments.

The marshals have also announced that they will be holding a live auction of the contents of Madoff's former mansion in Palm Beach, Florida, on June 4.

www.usmarshals.gov/assets/sales.htm/(US Marshals)

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