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Madoff auction raises $1m

Madoff auction raises $1m

Items belonging to the disgraced financier, Bernard Madoff, have fetched around $1m at an auction in New York, twice as much as had been hoped for.The belongings included several gold watches, a set of golf clubs and even a bowl to feed the family dog. The US Marshals Service will use the proceeds to pay some money back to the victims of his multi-billion dollar fraud.Greg Wood reports.

BBC | November 15, 2009Watch more videos from BBC

Tags:. .madoff. .financier. .auction. .fetched. .disgraced

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