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Madoff's Undies, Shoes & Jewelry Bring In $2 Million

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Ponzi schemer Bernie Madoff's old possessions turned out to be a huge success at the U.S. Marshal auction on Saturday.

The big ticket item of the day was wife Ruth Madoff's 10.5 carat diamond ring that sold for $550K.

What a steal!

Another item that fetched a pretty penny were a pair of velveteen slippers with Bernie's initials embroidered on them in gold thread. They went for $6000.

The strangest purchase by far had to be 11 pairs of unused designer boxers and 200 pairs of socks, which were purchased by the same man for $1,700.

Kinda creepy, even if they are new.

At the end of the day the auction brought in over $2 million, which will benefit Madoff's victims.

[Image via Getty Images.]

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Bernie Madoff's Shoes Hit The Auction Block

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The Department of Justice has decided to auction off ponzi schemer Bernie Madoff's shoes since he won't be wearing them ever again.

The auction takes place in New York City on November 13th and will include over 400 pieces of Bernie's personal property.

Profits from the event will benefit those who were defrauded by Madoff who is serving 150 years in jail.

[Image via Getty Images.]

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Wesley Snipes' Goons Trail Pole Dancer To Clear Himself Of Tax Charges!

Filed under: Legal MattersWesley Snipes

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He must be getting desperate!

Dianne Passage, the pole dancing wife of alleged Ponzi schemer Ken Starr, claims that private investigators employed by Wesley Snipes have been following her to gather evidence that clears the actor of tax charges.

Passage said:

"I was leaving, and I noticed two men trailing behind me. They stood out because they were wearing dark suits on a 90-degree day. They followed me for a block and a half, then I lost them because they were sweating so much.

They contacted my doorman and my attorney, and said they wanted information that might help Snipes. He was a client [of Starr] in 2000 but before I met my husband. I have nothing to do with his taxes."

Starr testified against the actor even though Starr was busted for running a $60 million Ponzi scheme.

And while Snipes is appealing his 2008 conviction for failing to pay $12 million in taxes, he wants a retrial on the grounds that the jury didn't know Starr was being investigated for the Ponzi scheme.

[Image via WENN.]

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Scorsese Sued!

Filed under: Film FlickersLegal Matters

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Yikes!

Director Martin Scorsese was sued yesterday for allegedly owing almost $600,000 in unpaid fees to jailed money manager Kenneth Starr!

A court-appointed receiver filed the action on behalf of Kenneth, who was busted for running a $59 million Ponzi scheme on his celebrity clients.

The documents claim that Scorsese agreed to pay Starr 5 percent of his income for "accounting, bookkeeping, tax and other personal management services." But he went back on the deal after Scorsese's account manager quit Starr's firm in January taking the director's business to another firm.

Scorsese's rep says his production company "has paid substantial fees to his former business manager's firm, and if it has been determined that there is anything still outstanding, it will be rectified."

And that's that!

[Image via WENN.]

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Another Investor To The Stars Arrested For Involvement In Ponzi Scheme!

Filed under: Icky Icky PooBusted!Uma Thurman

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We can't believe that after Bernie Madoff, people still pull this shiz!

Manhattan investment advisor the rich and famous, Ken Starr, was arrested by IRS agents on Thursday morning, for allegedly contributing to massive fraud and running a Ponzi scheme.

Clients of Starr include Annie Leibowitz, Uma Thurman and Martin Scorcese.

The last president of the New York City Council, Andy Stein, was also arrested this morning and faces charges for allegedly lying to federal authorities regarding the investigation.

Gross.

[Image via WENN.]

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Pay John Malkovich What He's Owed Or Else!!

Filed under: Legal MattersBusiness Blitz

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John Malkovich is PISSED and wants to be paid what he's owed!

The actor was a victim of greed-miser Bernie Madoff's nasty little Ponzi scheme, which he used while he stole millions of $$$ from various people including Kevin Bacon and Elie Wiesel.

Malkovich has already appealed to trustees and has been granted the $670,000 he originally invested with Madoff, but wants the significantly larger cut he was fooled into thinking he would receive - $2.2 million!

Although the trustees and courts agreed that investors were entitled to the difference of what they invested and withdrew, Malkovich's lawyers claim:

"A customer generally expects to receive what he believes is in his account at the time the stockbroker ceases business."

Hmm. We think if he didn't lose anything he probably has nothing to complain about and should just be grateful he got his cash back at all!

What do U think?? Is Malkovich entitled to that much money??

[Image via WENN.]

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