Prosecutors will seek Madoff's wife's money, too - Fox29 WFLX TV, West Palm Beach, FL-news & weather

Prosecutors will seek Madoff's wife's money, too

Posted by Rachel Leigh email

NEW YORK (AP) - Federal prosecutors have notified a New York court that they also want the assets of Bernard Madoff's wife.

In a court filing, the government said it will seek the $7 million Manhattan penthouse as well as another $62 million that Ruth Madoff had sought to keep.

The 70-year-old Bernard Madoff pleaded guilty last week to securities fraud and perjury, among other charges.

Madoff's lawyers had indicated earlier that they planned to claim Ruth Madoff was entitled to keep as much as $69 million in assets.

They said the assets were not part of Madoff's fraud and that they were in her name.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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