Posted on 06/26/2009 7:49:13 PM PDT by free me
NEW YORK (Reuters) - Ruth Madoff, the wife of epic swindler Bernard Madoff, will have to look for a new home after a court approved the sale of the couple's luxury Manhattan apartment and she agreed to forfeit $80 million in assets.
Court documents filed on Friday night showed Ruth Madoff, 68, who has said nothing in public about her husband's crimes in the six months since his arrest, would be left with $2.5 million in cash.
Madoff, 71, who will be sentenced in Manhattan federal court on Monday, is likely facing the rest of his life in prison after pleading guilty in March to criminal charges of running Wall Street's biggest investment scheme. He will be sentenced on Monday.
In an agreement with U.S. prosecutors approved by U.S. District Judge Denny Chin, Bernard Madoff forfeited all rights to assets totaling $170 billion, the amount prosecutors said flowed through the principal account of his decades-long fraud.
(Excerpt) Read more at reuters.com ...
Yes it is.
I believe she was in on it. And many others ...
$2.5 million in cash for robbing people for 30 years. Crime pays.
If she finds it impossible to struggle by on $2.5 million, I would be happy to show her how it can be done.
That line of thought has no meaning in this case. This b!tch should lose 100% of her net worth, and become a WalMart greeter in rural Florida, living out her days in a rented trailer.
Me too.
That all her money came from the fraud is not in question.
She won’t starve. That’s more than we can say for her husband’s clients.
vaudine
Make that a "used FEMA trailer".
Given the lifestyle she’s used to, 2.5 mil won’t last long.
“Court documents filed on Friday night showed Ruth Madoff, 68, who has said nothing in public about her husband’s crimes in the six months since his arrest, would be left with $2.5 million in cash.”
Oh, the poor dear.
Incidently, have you ever seen or driven by one of those places where they’ve got hundreds of FEMA “Katrina”, etc. trailers, “mobile homes” “manufactured housing”, etc., ?
Your tax dollars going to waste. Shocking. Money down the drain on PC baloney to help all the “poor people” and “minorities”, etc. Millions, billions for fantasy. For talk, words, baloney. So the “liberals” can feel “good” and guilt free about themselves.
“Court documents filed on Friday night showed Ruth Madoff, 68, who has said nothing in public about her husband’s crimes in the six months since his arrest, would be left with $2.5 million in cash.”
Oh, the poor dear.
She’s fixing to be a Gucci bag lady/s;)
Yeah, she’ll probably blow through the $2.5 mil pretty fast, but still, I think they left her with about $2.4 mil too much.
If she’s left with $2,50, it would be too much. the bitch knew about EVERYTHING. Let her rot. Let her live with Obama’s Aunt in public housing.
$2.5 mil was a Jacko weekend in Vegas.
“Let her live with Obama’s Aunt in public housing.”
Or the cousin in the hut;)
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