The 7,300-square-foot home of Marion Madoff, wife to Peter, who's the brother of Bernie, is now on the market for $6.5M. This is, of course, the very same property that Peter transferred to his betrothed in late 2006, a month before the firm came under investigation by the SEC. Marion, in turn, quickly turned around and filed for a homestead exemption, thereby protecting the house against the possibility of confiscation. Luckily, potential buyers have one less piece of drama-rama to worry about: per the listing, the estate is " “totally renovated and ready to move in.”
· Peter Madoff’s Wife Lists Palm Beach Home for $6.5 Million [WSJ]
· Meet the Next Madoffs Possibly Headed to Prison [Gawker]
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