ABC News

Ruth Madoff: Accomplice or Housewife?

Former Friends Say Bernie's Wife Had to Know It Was a Ponzi Scheme

PHOTO RUTH MADOFF
In this exclusive photo, Ruth Madoff is seen in the $7 million penthouse where her husband Bernard is currently under house arrest. Former friends and clients of the Madoffs say that Ruth had to have known her husband was running a Ponzi scheme.
(ABC News)
More Photos

Ruth Madoff Could Lose Penthouse

When Madoff was arrested in December, his wife posted a $10 million bond, telling prosecutors she had her own money that she inherited from her now deceased parents.

But her father's will, obtained by ABC News from court files in Florida, suggests otherwise. Her father left her little more than some stock valued at $39,000 which she gave to her sister. Nothing close to the millions she claims to have inherited.

Related

Unless she can prove otherwise, the bankruptcy trustee on the Madoff case says he will seek to seize the apartment and the $62 million.

"I don't know how Ruth Madoff can sleep at night knowing the women she played cards with at the country club are out of their homes right now while she sits on millions of dollars," said Weiss.

Click Here for the Blotter Homepage.

Next Story: Exclusive: Tearful Allen Stanford Expects Indictment in Two Weeks
Comment & Contribute

Do you have more information about this topic? If so, please click here to contact the editors of ABC News.

More Coverage
Watch Video
1 2 3 4 5
Blotter News
Slideshows
1 2 3 4 5