Monday, March 16, 2009

Money for Mrs. Madoff?


NEW YORK - Ruth Madoff, Bernard Madoff’s wife, could get more than $100 million in assets and federal prosecutors say she should forfeit it.


$22 million in Madoff properties are in Ruth’s name. Federal prosecutors are asking courts for help recovering that property as well as millions in cash, stocks, furnishings, yachts, and other boats.


Madoff’s lawyer is arguing she should be able to keep some of the money because the assets in her name were not involved with the fraud.

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