{"id":192586,"date":"2009-03-16T23:06:00","date_gmt":"2009-03-17T04:06:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/03\/16\/prosecutors-seek-forfeiture-of-madoff-marital-assets\/"},"modified":"2009-03-16T23:06:00","modified_gmt":"2009-03-17T04:06:00","slug":"prosecutors-seek-forfeiture-of-madoff-marital-assets","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/03\/16\/prosecutors-seek-forfeiture-of-madoff-marital-assets\/","title":{"rendered":"Prosecutors Seek Forfeiture of Madoff Marital Assets"},"content":{"rendered":"<p>It looks like they are seeking to seize <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aeQYVquMiTIM&amp;refer=home\">the bulk of his and his wife&#8217;s assets<\/a> through civil forfeiture:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>The government said in a court filing yesterday that it intends to seize assets including the Madoffs\u2019 $7 million Upper East Side apartment in Manhattan and homes in Montauk, New York, Palm Beach, Florida, and France. Prosecutors will also seek $17 million in cash and $45 million in bonds in accounts in Ruth Madoff\u2019s name, Acting Manhattan U.S. Attorney Lev Dassin said.<\/p><\/blockquote>\n<p>Ruth Madoff was Bernie Madoff&#8217;s bookkeeper for 3 decades, and her assets were at one point or another his assets: he transferred them to her to protect them, so this action is appropriate.<\/p>\n<p>Note that they are going after what appears to be everything, including the piano and silverware.<\/p>\n<p>It&#8217;s all proceeds of a criminal activity, and it will serve to deter people like Mr. Madoff if they know that transfer of assets will not protect his family.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It looks like they are seeking to seize the bulk of his and his wife&#8217;s assets through civil forfeiture: The government said in a court filing yesterday that it intends to seize assets including the Madoffs\u2019 $7 million Upper East Side apartment in Manhattan and homes in Montauk, New York, Palm Beach, Florida, and France. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,1004,972,985],"tags":[],"class_list":["post-192586","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance","category-justice","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192586"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=192586"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192586\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=192586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=192586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=192586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}