Make Off with Madoff's Yacht

Bernie Madoff's 88-foot Leopard is on the block.



The infamous conspirator of the 50-billion dollar investment scam, Bernie Madoff spared no expense in the purchasing of luxury goods such as the custom 88-foot Leopard Yacht aptly named Bull. Wyles Hardy and Company, who are joint liquidators of Madoff Securities International, have announced the yacht is ready to be sold at auction.

        While several other Madoff-owned yachts based in the U.S. have already been sold on the auction block, _Bull_ was seized in France last year and was recently released after undergoing out of the water maintenance. Custom built in Italy in 2007 by Cantiere Navale Arno, the yacht was designed exclusively for Madoff right down to the monogrammed linens.

Bull features accommodations for six in three staterooms as well as three crew berths. Powered is supplied by twin MTU M92s that have logged less than 300 hours running the financier and guests along the south of France. The reported cruising speed is 33 knots.

With a list price of $6 million when new in 2007, Bull has the potential of being sold for more than his last three yachts that were auctioned off for an approximate combined total of 1 million dollars.