Monday, December 29, 2008

Thieves make off with Madoff's Palm Beach yard sculpture

The New York Post taunted Palm Beacher Bernard Madoff with this report Sunday: "How does it feel, Bernie?"

Swindler extraordinaire Bernard Madoff got a taste of his own medicine last weekend when a burglar stole a $10,000 statue from his posh, $9.4 million Palm Beach estate, according to a police report.

Indeed, the housekeeper reported a copper statue of two lifeguards seated on a bench missing from the yard Monday, Dec. 22.

The Palm Beach Police incident report indicates the statue, valued at $10,000, went missing between 3 p.m. Friday, Dec. 19 and 11:30 a.m. that Monday - about a week after the Wall Street money manager was accused of scamming investors in a $50 billion Ponzi scheme.

Madoff is confined to his $7 million Park Avenue apartment under house arrest.

The statue is still missing, and an investigation continues, Palm Beach police officials said this morning.

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