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Madoff's Beach Home For Sale

The perpetrator of the largest Ponzi scheme in history, Bernard Madoff, has seen a number of his possessions seized by federal officials - his yachts, Manhattan penthouse, Florida mansion... even his NY Mets season tickets - in order to help recoup losses experienced in the wake of his monumental fraud.

One of Madoff's more valuable assets, his luxury beach home in Montauk, NY, is about to be put up for sale by the US Marshals. Just announced today, CNBC decided to take a look into what the Ponzi schemer's life was like at his beach home prior to being nabbed by the authorities.

Click ahead to see Madoff's beach home, newly on the market!

Reporting By Mary Thompson
Slideshow By
Paul Toscano
Posted 1 Sept 2009

Photo: AP