You Don't Know the Real Ruth Madoff: Sister

Updated 4:00 PM EST, Sat, Jul 4, 2009

TWITTER FACEBOOK

AP

Ruth Madoff may not have many friends these days, but her big sister is coming to her defense.

Madoff just got tossed out of her $7 million penthouse apartment at 133 East 64th Street, per the court-approved agreement reached last Friday. She left with nothing but a straw bag and the clothes on her back.

Yet Joan Alpern Roman says all the flack her sister's gotten as the wife of arguably the most disgraced financier in history is misdirected.

"The press has maligned her," the 72-year-old Roman said from her country-club home in Boca Raton, Fla., according to The New York Post.

Although she hasn't been charged in her husband's $65-billion Ponzi scheme, many have blasted Ruth for keeping quiet in the months after his scheme was unearthed. She released a statement for the first time on the day Bernie was sentenced, expressing sympathy for the victims and maintaining she knew nothing in advance about the scandal that would rock the nation and, in effect, the entire world.

Ruth was ordered to hand over "any and all jewelry," one three-quarter length Russian sable coat, one sheared mink coat, and all "apparel, accessories, footwear, leather goods and luggage," according to the court-ordered forfeiture. She was allowed to keep $2.5 million of the former fortune her husband procured by illegal means.

Ostracized by all her former in-groups, Ruth isn't permitted to go to her old hairdressers or walk in the same circles as her former friends. Some Midtown apartment buildings won't even rent to her because of her now infamous reputation by association, and the feds confiscated her places in France, Florida and Long Island.

First Published: Jul 4, 2009 2:48 PM EST

TWITTER FACEBOOK

  • 0% furious 0
  • 0% sad 0
  • 0% bored 0
  • 0% thrilled 0
  • 0% intrigued 0
  • 0% laughing 0
processing
          No comments have been posted yet.

          You have 2000 characters left

          processing
          So My City

          You are posting in (change)

          550/550 characters

          (jpg, pngs, or gifs allowed)

          (jpg, pngs, or gifs allowed)
          *Tip: You can also post moments via email or Twitter.

          processing

          View Your Moment in

          Posted by | 1 second ago

          Don't Miss

          local_beat

          2 hours ago

          Navy Commissions USS New York

          The USS New York, built with steel from the rubble of the World Trade Center, was put into service Saturday both as a symbol of healing and strength.

          Read It

          local_beat

          Nov 7, 2009

          Bloomberg Aides Fret on Post-Election Bonuses

          Bonus reform could hit Gracie Mansion.

          Read It

          local_beat

          57 minutes ago

          Fire Shuts Down Ellis Island

          Some visitors were trapped in the museum elevators at Ellis Island after a fire in the main boiler room caused a power failure, authorities said.

          Read It
          Loading...
          Birthdate:
          You must be at least 13 to sign up.
          Gender:
          invalid

          By clicking the button below, I accept the terms of use and privacy policy

          Already Signed Up? Login Below.

          processing
          Here's what we're posting:

          *Only used for verification. We do not store your password.
          processing