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Madoff’s Wife Cedes Asset Claim

madoffRuth Madoff, the wife of one of the most reviled swindlers in history, has agreed to give up her potential claim to more than $80 million worth of assets, keeping just $2.5 million in cash in an agreement reached with federal prosecutors.

Mr. Madoff, however, won’t have to wear jail garb for his sentencing. The judge has granted him permission to receive his own clothing, meaning that when he stands before the crowds and cameras, Mr. Madoff can wear his suit of choice.

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Tags: cedes, claim, madoff, wife

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