Three yachts owned by Wall Street swindler Bernard Madoff, his wife's Mercedes and another boat belonging to his finance chief have been sold for two million dollars, auctioneers said Wednesday. Proceeds will be used by the government to compensate victims of Madoff's fraud, said National Liquidators, a leading US auctioneer of yachts, that carried out the sale at ...

Disgraced financier Bernard Madoff's yacht "Bull", two smaller boats and a Mercedes-Benz convertible were sold at auction Tuesday for more than $1 million combined. Madoff's 1969 Rybovich, a restored 55-foot fishing boat, sold for $700,000 to an unknown buyer. A 38-foot Shelter Island runabout ...

It was about fascination with big money — and the life of a couple at the center of the biggest financial fraud case in U.S. history. Bernard and Ruth Madoff's belongings fetched several times their estimated values at auction Saturday for a ...