Add To Favorites
Madoff's yacht, 2 smaller boats on auction block
Topics in Legal News | 2009/11/16 01:46

A vintage 55-foot yacht named "Bull" and two smaller boats that once belonged to imprisoned financier Bernard Madoff are headed for the auction block, along with an even bigger yacht once owned by Madoff's right-hand man.

Madoff's 1969 Rybovitch sportfisher, a wooden boat meticulously restored, is the prize offering at Tuesday's private auction. As of Monday, 29 people had put up a $100,000 deposit for the opportunity to bid and more were expected to register, according to the U.S. Marshals Service.

"People have heard of it. It's a piece of history," said Bob Toney, president and CEO of National Liquidators, which is handling the auction for the government.

Also for sale are Madoff's 38-foot Shelter Island runabout, named "Sitting Bull," and a 24-foot Maverick center console named "Little Bull." Then there's Madoff's black 1999 Mercedes-Benz CLK 320 convertible, which has just 12,800 miles on the odometer, and a 61-foot Viking fishing yacht formerly owned by Madoff's ex-chief financial officer, Frank DiPascali.

Together, the vessels and car could fetch several million dollars, but officials don't want to put a price tag on any particular item before the auction. Madoff's notoriety could also boost the final sales prices, said Jennifer Crane of the Marshals' asset forfeiture division.



[PREV] [1] ..[2049][2050][2051][2052][2053][2054][2055][2056][2057].. [2487] [NEXT]
All
Legal Business
Headline Legal News
Court News
Court Watch
Legal Interview
Topics in Legal News
Attorney News
Press Release
Opinions
Law Blogs
Law Firm News
Legal Marketing
TikTok content creators sue ..
Abortion consumes US politic..
Trump faces prospect of addi..
Retrial of Harvey Weinstein ..
Starbucks appears likely to ..
Supreme Court will weigh ban..
Court makes it easier to sue..
Court makes it easier to sue..
Top Europe rights court cond..
Elon Musk will be investigat..
Retired Supreme Court Justic..
The Man Charged in an Illino..
UN court orders Israel to op..
Former Georgia insurance com..
Alabama woman who faked kidn..
A Supreme Court ruling in a ..
Court upholds mandatory pris..


   Lawyer & Law Firm Links
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Car Accident Lawyers
Sunnyvale, CA Personal Injury Attorney
www.esrajunglaw.com
Oregon Family Law Attorney
Divorce Lawyer Eugene. Family Law
www.mjmlawoffice.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
 
 
Disclaimer: The content contained on the web site has been prepared by Romeo Media as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Blog postings and hosted comments are available for general educational purposes only and should not be used to assess a specific legal situation. Lawyer Website Design Company Law Promo