I Would Assume the View From Jail Is Not Quite as Breathtaking as The View From the Montauk Mansion Madoff Just Sold ....
SC6 Real Estate News: Bernie Madoff just sold his waterfront manse in Montauk for a reported $9.41 million. It was originally listed for $8.75, but a bidding war ensued, and the price went up. Either the place was THAT NICE, or maybe the buyer just felt bad for the people Madoff duped all those years....
For those of you keeping track, between the forced sales of this place, his joint in Palm Beach, and his Manhattan apartment, the Feds have been able to recoup $25 million back from Madoff, which is infitisimally less than the $50 Billion he swindled from investors... Mathematically, that is .00005 % - that is not a good return on investment, folks!
The scary part is that I don't even think he's in jail right now. i went pumpkin picking in Stony Brook, and there he was. Yeah, an old Jewish guy with gray curly hair, a baseball cap and sunglasses is pretty common, but I'm pretty sure it was him. So, if you see that guy driving around a black Chevy Tahoe with New Jersey tags, call the cops, becuase justice is not being served....
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