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Tag: assets

Families Want Piece of Fortune Made by Convicted Mobster ‘Whitey’ Bulger

Whitey Bulger

Steve Neavling
ticklethewire.com

Convicted mobster James “Whitey” Bulger made a lot of money during his murderous rampage in the 1980s.

A family of a woman murdered filed a petition in court Monday seeking to find out exactly how much he and his cohorts made and what other properties they have as a result of their crime spree, the Associated Press reports.

John and Robert Davis want the assets divided up among the victims’ families.

They claim the government has never done a “full and complete disclosure” of the Bulger’s seized assets, the AP wrote.

Prosecutors have said they want the judge to order Bulger to forfeit $25 million to divide among his victims.

Bulger is awaiting sentencing.

Feds Sell Off $67.8 Million in Madoff’s Belongings So Far

Bernie Madoff/facebook photo

Bernie Madoff/facebook photo

By Allan Lengel
For AOL News

While 72-year-old swindler Bernie Madoff serves a 150-year sentence behind bars, federal authorities are working to use his ill-gotten gains to repay his many victims.

On Wednesday, in the latest court filing in U.S. District Court in Manhattan, the U.S. Attorney’s Office said the government so far has recouped about $67.8 million through the sale of his belongings, though the figure obviously falls far short of the $50 billion or so Madoff swindled from investors.

The government tally so far, according to court documents, includes $7.3 million from the sale of his New York City co-op; about $59 million from the sale of his four-bedroom, 1.2-acre home in Montauk, N.Y.; $1.4 million for his Cap d’Antibes apartment in the French Riviera; and cars, boats, a securities account and personal property.

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