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Ponzi Proceeds: Bidding On Madoff's Possessions

As the verdict is delivered in the trial of former employees of white collar con man Bernie Madoff, here is a look back at all of the Madoff family goods grabbed by the Feds following the arrest of the disgraced pyramid scheme architect in 2009.

From an elegant diamond ring to a 1960 Hofstra class ring. A rare Rolex "Monoblocco" watch to a personalized New York Mets jacket. Luxurious furs to fishing rods. Bernard and Ruth Madoff's personal possessions, were seized and auctioned off in 2009 by the U.S. Marshals.

Proceeds from the sale were set aside for victims of Madoff's Ponzi scheme, which began to unravel in late 2008. Some 200 included more than 40 watches, along with numerous bracelets, earrings, cuff links, rings, and fur coats, all symbols of the extravagant lifestyle led by the Madoffs until Bernard's arrest. Other, more mundane and frivolous items included wooden decoy ducks, customized stationary, pens, and Post-it notes, and two mementos from Madoff's love of the seas: a buoy labeled "Bullship NY" and an original mixed media drawing of his boat, titled "Bull", commissioned by a captain and hand signed by artist Sherry Fink Muhs.

Gaston & Sheehan Auctioneers ran the auction for the U.S. Marshal's service.