Tag Archives: Madoff

The Jewelry Insider

March 19, 2009

It appears that Mrs. Madoff’s woes have just begun. For all you women out there that have dreamt of marrying a millionaire and living the life of luxe in a swanky Gossip Girl-size apartment in New York – remember – there’s a price to pay.

For Mrs. Madoff, the shame and humiliation has just begun. The government wants to seize the couples’ $7 million penthouse apartment on the Upper East Side of Manhattan; three resort homes located in the South of France, Palm Beach, and Montauk ; four boats; four cars; a Steinway piano; $65,000 in silverware and….. wait for it……. $2.6 million worth of jewelry owned by Mrs M and about 35 watches and cufflinks owned by the Ponzi Prince of Wall Street.

As for the watches and cufflinks? It’s clear the fiddly financier isn’t going to need them in the big house he currently calls home.

Good riddance!