Bernie Madoff's Palm Beach house sold - FOX Carolina 21

Bernie Madoff's Palm Beach house sold

Posted:

PALM BEACH, FL (WFLX) - The former Palm Beach vacation home of convicted fraudster Bernie Madoff is now in the hands of a new owner.

The home sold for more than $9 million to a Florida company. The house is on Lake Way, midway between Royal Poinciana way and the Palm BeachCcountry Club.

The proceeds helped repay victims of Madoff's multi-billion dollar Ponzi scheme.

Copyright 2013 WFLX All Rights Reserved.

Powered by WorldNow
Fox Carolina
Powered by WorldNow CNN
All content © 2014, WHNS; Greenville, SC. (A Meredith Corporation Station) and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.