Madoff property on auction includes his tiny bull

NEW YORK, Nov 10 (BestGrowthStock) – Bernie Madoff’s tiny bull is
up for sale.

A miniature bronze statue and symbol of Wall Street
optimism that once belonged the former financial adviser is
among the 400 items U.S. Marshals are auctioning on Saturday to
help compensate the convicted swindler’s victims.

Made in Italy in 1927, the piece is 5.5 inches (14 cm) long
and 2.75 inches (7 cm) tall — seemingly modest for a man who
promised investors consistently high returns at extraordinary
levels above the market but instead pocketed from them billions
of dollars.

He pleaded guilty last year and was sentenced to 150 years
in prison.

A previous auction of his personal property raised $1
million.

U.S. Marshals displayed an array of jewelry, furniture,
antiques, clothing and other personal effects on Wednesday
ahead of Saturday’s auction in Brooklyn and simultaneous online
bidding.

A 10.54-karat diamond engagement ring that once belonged to
wife Ruth Madoff and a pair of black velveteen slippers
embroidered with Bernie’s initials will also go on sale, along
with a 1917 Steinway grand piano and 15 luxury watches.

The bronze bull was one of several sculptures including
miniature busts of Plato and Aristotle and twin marble lions.

Among the collectibles are a set of 120 rare postage stamps
and 247 rare coins and banknotes from around the globe.

Proceeds from the auction will go to the Department of
Justice’s Asset Forfeiture Fund, which is used to compensate
the victims of Madoff’s multibillion-dollar Ponzi scheme.
(Reporting by Bernd Debusmann Jr., Editing by Daniel Trotta)

Madoff property on auction includes his tiny bull