Headlines

Bernie Madoff’s Diamond and Gold Jewelry Hits the Auction Block

Published

8 years ago

February 3, 2016

INSTORE Staff

Among the six items for sale is a gold piece in the shape of a paperclip.

The U.S. Marshals service is offering up to the highest bidder six pieces of jewelry that once belonged to infamous Ponzi schemer Bernie Madoff, ABC News reports. A diamond bracelet, a necklace, a pendant, two gold watches and another gold piece in the shape of a paperclip are the items that are now up for auction here on txauction.com, according to the article. The website says the auction will end on Feb. 16.

And in case you’re wondering where Madoff – whose $64 billion scheme is the largest financial crime in American history – is these days, he’s serving a 150-year sentence in a North Carolina federal prison, ABC said in a separate report. It cites his lawyer, who said that Madoff is “doing as well as can be expected” in spite of a heart issue and the fact that his wife stopped coming to see him years ago.

See the jewelry at ABC News

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”