Bernie Madoff Jewelry was Up for Auction

discount jewelry

Six pieces of jewelry from the collection of notorious Ponzi schemer Bernard Madoff and his wife Ruth are going up for auction today, the U.S. Marshals Service said, more than seven years after Madoff’s $64 billion scam was uncovered.

The pieces, available at an online auction hosted from Texas, include a bracelet studded with more than 650 starting at over $21,000, an emerald starting at $15,300, a leaf brooch with nearly 100 starting at $11,050, two sleek, watches each starting at more than $21,000 and a money clip in the shape of a paperclip starting at $380, according to the auction website.

Though Madoff was arrested more than seven years ago, officials are still attempting to track down the money he stole in his decades-long Ponzi scheme — including recouping some losses from major auctions. Previously, Madoff’s houses and yachts were sold or auctioned off for tens of millions.


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