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Madoff Apartment Outfitted with Surveillance Gear
Topics:Corporate Fraud | Crime | Bernard Madoff
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Alleged ponzi-schemer Bernard Madoff's Upper East Side Manhattan penthouse is getting new monitoring equipment in compliance with a court order.
After avoiding jail for the second time, Madoff has been allowed to remain free under house arrest. See the video for more.
Still, the bail agreement that granted that level of relative freedom dictates that security equipment must be installed in his luxurious residence.
Madoff’s wife is paying for the surveillance equipment.
As another safety measure, all incoming and outgoing mail is to be opened and observed.
Meanwhile, the trustee overseeing the liquidation of Madoff’s securities has asked judges to cancel the leases on six luxury cars that belong to the beleaguered investor.
© 2012 CNBC.com
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