Saturday, 20 December 2014
Last updated 1 day ago
Dec 29 2008 | 10:19am ET
A 4-foot-high statue worth more than $10,000 was stolen from Bernard Madoff’s estate in Palm Beach eight days after he was arrested in New York in connection with operating a $50 billion Ponzi scheme.
The missing copper statue portrays two lifeguards sitting on a bench.
“The property manager left the residence one afternoon, and when she returned, she noticed a statue that was normally kept by the pool was missing," Palm Beach police Sgt. Richard Sorge told CNN.
Sorge said investigators have "no leads, not a single clue" in the investigation of the heist.
Madoff has been freed on $10 million bail, but is under house-arrest at his Manhattan apartment, a move that has many of Madoff’s alleged victims extremely irate.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.