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Madoff Collectibles Flood eBay

Tuesday, 06 Jan 2009 09:07 AM

Bernard Madoff's investment fund may have gone bust but there's a booming business on eBay in collectibles from the securities firm of the disgraced Wall Street financier.

Beach bags, flashlights, blankets, binoculars, jackets, T-shirts, umbrellas and other items -- all emblazoned with the Madoff Securities name and logo -- are up for sale at the online auction house.

Among the more unusual items are "Bernard L. Madoff Investment Securities LLC" desktop cigar humidors being sold outright for 79.99 dollars or 99.99 dollars, depending on the seller.

A Madoff fleece jacket -- size large, color black -- is currently the top-priced item. It has attracted 30 bids and a top bid of 610 dollars.

An orange Madoff golf cap described as "rare" by the seller has pulled in 32 bids and a top bid of 242.50 dollars.

A Madoff mouse pad has received 15 bids with one buyer offering to pay 187.50 dollars.

Even an old Christmas card from Madoff can be found on eBay. It's received 13 bids with one buyer offering to pay 38 dollars.

Sellers are also offering a range of gag items such as a T-shirt featuring Madoff's picture and the words "Trust Me."

A Bernie Madoff voodoo doll is also available for 50,000 dollars, pins not included. It has unsurprisingly not drawn any interest.

Madoff, 70, is under house arrest in his Manhattan apartment on 10-million-dollar bail.

He is the only person charged so far in an alleged 50-billion-dollar Ponzi, or pyramid scheme in which major banks, ultra-wealthy private investors, universities, charities and Jewish organizations were among the victims.

© 2009 Agence France-Presse

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Bernard Madoff's investment fund may have gone bust but there's a booming business on eBay in collectibles from the securities firm of the disgraced Wall Street financier.Beach bags, flashlights, blankets, binoculars, jackets, T-shirts, umbrellas and other items -- all...
bernard,madoff
267
2009-07-06
Tuesday, 06 Jan 2009 09:07 AM
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