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Federal prosecutors intend to seize more than $31.5 million in unsecured promissory notes documenting loans that convicted Ponzi scheme investment manager Bernard Madoff made to his sons Andrew and Mark between 2004 and 2008.

This latest criminal forfeiture notice was filed just two days after the U.S. Attorney's first notice that it would seek hundreds of millions in assets held by Bernard Madoff and his wife Ruth.

Additional property that the Justice Department intends to seize includes:

Interest in property that Ruth and/or Bernard Madoff have in approximately twenty different entities, subsidiaries, affiliates, and joint ventures;
$31.5 million in loans that Bernard Madoff made to his sons Mark and Andrew over 4½ years;
Ruth Madoff's jewelry valued at more than $2.6 million; and
35 sets of watches and cufflinks owned by Bernard Madoff that are currently held by his criminal defense lawyers.

You can read the federal government's second forfeiture notice below:

FindLaw | Madoff Sons Forfeiture Request

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