Poor poor Ruth Madoff. Literally. She’ll be giving up $80 million in assets, including her upper east side co-op. She’ll be able to keep roughly $2.5 million in cash. While most people could do well with that kind of dough, it’s gonna be kind of hard for old Ruthie to maintain her formerly accustomed lifestyle. (Cue violins.) It’s not even clear if she’ll get to keep all of that money. Civil suits and legal expenses could certainly eat up a big chunk.(Cue whole orchestra.)
But now Bernie’s missus has another problem. Given that she’ll have to vacate her current crib, where will she go? That could be kind of a problem when no one wants to rent to you. Seems like the name Madoff comes with a certain amount of baggage, as does her maiden name, Alpern, which she’s been using to try to fool landlords. So far, no luck. According to the NY Post:
After Madoff last week agreed to sell her estimated $7.5 million duplex co-op on East 64th Street, the wife of fraudster Bernie Madoff is looking to rent a new home in the Big Apple — but finding no one willing to take her on as a tenant, the sources said.
She has turned to using her maiden name, Alpern, but has had no luck with that, either.
“She has nowhere to go,” a top broker said. “No one wants someone with her name in their building. People like their privacy.”
Ruth-Less Landlords Slam The Door – NY Post
Tags: Bernie Madoff, ponzi schemes, prison, scammers, Scandals
