Bernard Madoff Montauk Home For Sale

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The man behind the biggest Ponzi scheme’s, Bernard Madoff, will now kiss his Montauk home goodbye. This is one of many properties he owns that will be put for sale to at least provide something to the investors that were hurt by the Ponzi scheme which is estimated over $60 billion dollars.

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The Montauk home is right on the ocean, 120 miles east of Manhattan. It is located on the eastern tip of Long Island and is one of his many getaways from all the money he was squandering.  The home is estimated to be worth $3 million dollars. The Corcoran Group Real Estate has listed the home for $8.75 million dollars.

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Bernard Madoff’s other assets include a Manhattan penthouse apartment, a Palm Beach, Florida mansion, and tons of luxurious items he has bought over the years.  Madoff is currently in jail for the next 150 years in a medium security prison in Butler, North Carolina.

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One Response to “Bernard Madoff Montauk Home For Sale”

  1. pligg.com on June 24th, 2010 7:11 pm

    Bernard Madoff Montauk Home For Sale | Celebrity Foreclosures…

    The man behind the biggest Ponzi scheme’s, Bernard Madoff, will now kiss his Montauk home goodbye. This is one of many properties he owns that will be put…

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