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Government Intends To Seize Madoffs' Property

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Days after Bernard Madoff pleaded guilty to a host of felony charges and admitted his guilt in orchestrating a Ponzi scheme involving billions of dollars, federal prosecutors filed a criminal forfeiture notice that they intend to seize certain of Bernard and Ruth Madoff's assets.

Property that the Justice Department intends to seize includes:

• Their co-op apartment on Manhattan's Upper East Side
• The couple's Montauk weekend home on Long Island
• A fishing boat purchased in Ruth Madoff's name for $430,000, along with
• The Madoff's $9 million Palm Beach, Florida home and pier
• Property on the Cayman Islands
• A 2007 BMW 530i and 1999 Mercedes CLK in Florida
• A 2001 Mercedes E Class and 2004 VW Tourag
• A Steinway piano owned by Ruth Madoff valued at $39,000
• Ruth Madoff's silverware set valued at $65,000
• Approximately $17 million in funds at Wachovia Bank, N.A. and approximately $45 million in municipal bonds held at Cohmad Securities Corp., a firm co-wned by her husband.

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