Bernie Madoff Belongings Auctioned -- Would You Wear His Underpants?


Jun. 5 2011, Published 2:31 p.m. ET

Link to FacebookShare to TwitterShare to Email

by Staff

The U.S. Marshals Service staged an auction in Miami Saturday, selling off thousands of Bernie Madoff's personal belongings. Even the confessed swindler's underwear was up for grabs!

Yes, someone successfully bid $200 for 14 pairs of Bernie's boxers.

Proceeds from the auction will go towards restitution to the thousands of victims -- Kevin Bacon and Kyra Sedgwich are among them -- of Madoff's $65 billion Ponzi scheme.

Article continues below advertisement

With Madoff in a federal prison, hundreds gathered at the Miami Beach Convention Center for the auction.  There was fierce bidding for a pair of leather chairs that went for $5,000, and a tin sculpture of a bull that also went for $5,000.  A collection of hardback books fetched $1,500.

In all, the auction took in about $400,000


Mark Madoff's Widow On Suicide: 'I Am Devastated'

Bernie Madoff Enjoyed His Massages



© Copyright 2022 Radar Media Group LLC. RADAR and RADARONLINE are registered trademarks. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.