Report: Former Madoff Employees Selling Memorabilia on eBay

[kpete]

Source: Fox News

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Report: Former Madoff Employees Selling Memorabilia on eBay
Sunday, January 04, 2009


Duped employees and clients of alleged scammer Bernard Madoff are bitterly selling off the swag they received from his company on eBay.

It's a whole new category of collectibles, with more than 100 promotional trinkets bearing the name or symbol of Bernard L. Madoff Investment Securities. They were given to clients and employees over the years as tokens of appreciation, even as Madoff was allegedly stealing billions from investors.

"Emom1013" is selling a pair of $20 T-shirts given out at the 2006 company picnic at the Madoff family's Long Island, N.Y., estate.

The seller writes: "The proceeds from this auction go directly to a family whose husband/father is facing being out of a job and health insurance thanks to good old Bernie."

Other items include humidors, binoculars, beach towels, coolers, mousepads, shirts and jackets. The most expensive doodads so far include a Madoff flashlight that sold for $387 and a fleece sweater that went for $455.


Read more: http://www.foxnews.com/story/0,2933,475684,00.html