Madoff €5.2m yacht seized

ANOTHER prized possession of disgraced financier Bernard Madoff has been seized, this time in the south of France.

French authorities on the Cote d’Azur chained up his $7 million (€5.23m) yacht Bull at a marina in the exclusive Mediterranean enclave of Cap d’Antibes, between Cannes and Nice.

The seizure followed a request from a French firm.

Last week a Palm Beach mansion and two yachts owned by Madoff were seized in the US.


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