Before Bernard Madoff was sentenced to 150 years for fraud yesterday, the courts began liquidating his real estate portfolio to pay back his victims.
On Friday, three days before Madoff received his sentence, Judge Denny Chin for the Southern District of New York ruled that U.S. Marshals could begin selling seized Madoff homes around the world. He and his wife, Ruth, have properties on the Upper East Side and in the Hamptons, Palm Beach, Fla., and France.
