More Madoff Items to Hit Auction Block

More art, artifacts and other items that once belonged to convicted swindler Bernard Madoff are being auctioned in South Florida.

The auction is set for June 4 at the Miami Beach Convention Center. The U.S. Marshals Service says the items are the last remaining from Madoff's homes in New York and Palm Beach.

Proceeds will go to compensate victims of Madoff's $65 billion Ponzi scheme. Madoff is serving a 150-year prison sentence after pleading guilty.

A Marshals spokesman says sales of Madoff assets and property so far have brought in more than $103 million. Much more has been recovered from Madoff investors who made big profits before the scheme imploded.

Copyright AP - Associated Press
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