Bernie Madoff's Yachts go to Auction

National Liquidators of Ft. Lauderdale has announced that the yachts belonging to Bernard Madoff will be sold in a live auction.

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National Liquidators of Ft. Lauderdale has announced that the yachts belonging to Bernard Madoff will be sold in a live auction, set to be held at National Liquidators headquarters, 1915 Southwest 21st Street, Ft. Lauderdale, on November 17 at 4:00 pm. On the block will be Madoff's 55-foot, 1969 Rybovich, Bull, which gained public notoriety earlier this year when she was seized on April 1 (on national television) by U.S. Marshals. Madoff's 40-foot 2003 Shelter Island Runabout Sitting Bull, and a 24-foot, Maverick 2400 Center Console Little Bull, will also be for sale. The auction will also consist of Dorothy Joe, a 61-foot 2003 Viking Convertible that was owned by Madoff's CFO Frank DiPascali, Madoff's 1999 Mercedes Benz CLK 320 convertible (with fewer than 13,000 miles on it), and three yachts from unrelated seizures; a 74-foot Novatec Powerboat, a 2004 Uniesse 68 Motoryacht named Rhapsody in Blue and a 95-foot Devo Mill. Proceeds from the sale of Madoff's vessels will go to victim restitution. Those planning to bid at the live auction must preregister at National Liquidators website, www.yachtauctions.com/madoff

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